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Disney slips despite surprise profit, surge in streaming

Disney slips despite surprise profit, surge in streaming Christopher Palmeri, Bloomberg News VIDEO SIGN OUT Walt Disney Co. posted a surge in Disney+ subscribers and lower losses at its COVID-crippled theme parks, helping the world’s largest entertainment company return to profit in the latest quarter. Subscribers to the family-oriented video service grew to 94.9 million in the period, Disney said Thursday. That exceeded the 90.7 million average of Wall Street estimates compiled by...
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