The Walt Disney Company just reported earnings, announcing Disney+ gained 7.9 million subscribers in Q2 2022. This was after Netflix saw its first subscriber decline in over a decade. Netflix is forecasting a loss of 2 million subs in the following quarter, while Disney expects even larger growth in the second half of the year. In reaction to this positive news, DIS Stock soared 4% after hours, only to fall back down and push towards new lows. However, streaming is only part of Disney's diversified business model. In this video, I’m going to break down all the most important details from Disney’s earnings report and share important news from their Earnings call.

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