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WALT DISNEY-RESULTS/ (UPDATE 5, PIX):UPDATE 5-Disney's streaming growth slows as pandemic lift fades, shares fall

Friday, 14 May 2021 07:07 AM MYT Disney is focusing on quickly building its streaming service to challenge Netflix Inc as audiences move away from cable TV. — AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. WASHINGTON, May 14 — Disappointing growth of Walt Disney Co’s namesake streaming service on Thursday overshadowed better-than-expected overall profits, driving down shares of the entertainment company. Shares of Disney fell 3.7 per cent in after-hours trading. CEO Robert Chapek said that movie and television shows were resuming normal produc...

Disney sees positive signs for business as streaming growth cools Disney said that it was seeing positive signs across its operations including parks, cruises, and resorts which took the hardest hit from COVID-19. Picture: preview.disneyplus.com/za one day ago SAN FRANCISCO, United States - The Walt Disney Company on Thursday said it was seeing "encouraging signs of recovery" across a wide range of its businesses while its streaming television service grew slower than expected in the recently ended quarter...

While the traditional US TV Upfront market is expected to stabilize, it is spending on connected TV (CTV) and digital video advertising that is truly set to soar, according to exclusive eMarketer data. Tubi, Pluto TV, Roku, Hulu and YouTube are expected to be flush with committed dollars while the broadcasters will enjoy a return to pre-pandemic spending.

On today's episode, we discuss what stood out the most about Google's Q1 performance. We then talk about what kind of ad recovery we expect this year and why Google is in hot water again, as well as look at some survey data about third-party cookie doomsday. Tune in to the discussion with eMarketer senior forecasting analyst at Insider Intelligence Eric Haggstrom.