Disney seeking revenues as streaming service has shortfall
Disney seeking revenues as streaming service has shortfall 17 May 2021, 12:41 GMT+10 BURBANK, California: Disney Company's streaming platform failed to register expected growth on May 13, eclipsing higher-than-anticipated gross earnings, witnessing a decline in the shares of the LA-based entertainment heavyweight. Robert Chapek, the company's chief executive officer, hinted at a resumption in regular production of movie and TV shows, coupled with novel offers expected to increase the customer base to its Hulu, Disney+, Hotstar, and ESPN+. The company reported adjusted EPS for Q2 to reach 79 ...