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Disney's streaming service has attracted nearly seven million new subscribers, the company said Wednesday, reversing a period of decline that had raised doubts about its rivalry with industry leader Netflix.Those efforts saw Disney's streaming losses contract to $387 million in the most recent quarter, down from $1.47 billion a year earlier.
The Walt Disney Company also announced the combined Disney+ and Hulu app will begin beta tests next month.
HBO CEO Casey Bloys says the issue isn't franchise fatigue, it's "a sameness of storytelling"
Byron Allen And Financial Partners Bid $10 Billion For ABC Media Franchise
(Bloomberg) -- Walt Disney Co. expects to pay at least $8.61 billion to buy Comcast Corp.’s one-third of the Hulu streaming service. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsReal Estate Industry Takes Fresh Hit With Verdict on CommissionsIsrael Latest: Biden Says Urgent Efforts Led to Gaza DeparturesFed Signals Yield Rise Reduces Need to Hike, But Door Still OpenMarkets Rally as Powell Says Fed Has ‘Come Far’: Markets WrapUnder a previous deal between the