Disney+ has 146.7 million subscribers globally as of Q3 2023. This number makes it the second-biggest SVOD service in the world. Disney+ witnessed a drop of 4 million subscribers in Q1 of 2023 and a further drop of 11.1 million in Q2 of 2023.
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Disney's parks business remains important to the company's bottom line — hence Wall Street's concerns. In its latest quarter, the operating income for the parks hit $2.17 billion, representing a 23% year-over-year increase.
How much does a Walt Disney World Cast Member make? As of Nov 7, 2023, the average hourly pay for a Walt Disney World Cast Member in the United States is $16.79 an hour.
The companies also have similar market values: Disney is currently worth $168 billion, compared with Nike's $135 billion market cap. And both stocks offer modest dividend yields, with Nike paying investors 1% and Disney offering 1.6%.
The Walt Disney Company Reports Third Quarter and Nine Months Earnings for Fiscal 2023. BURBANK, Calif. —The Walt Disney Company (NYSE: DIS) today reported earnings for its third quarter and nine months ended July 1, 2023. Revenues for the quarter and nine months grew 4% and 8%, respectively.