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  • 5 years ago
Walt Disney ($DIS@US) CEO Bob Chapek touched on the global expansion plans for the company’s subscription video-on-demand business on Thursday. At the company’s third-quarter earnings call, Chapek revealed that the launch of Disney+ in Eastern Europe had been delayed from late 2021 to the summer of 2022 to allow for an expanded footprint that will include parts of the Middle East and South Africa. Disney+ will expand to full market in October in Japan, where it’s currently available in a limited capacity; Disney+ will expand to full market in October. Disney’s Q3 earnings per share amounted to 80 cents beating Street estimates of 56 cents. Disney is currently trading at just over $179 per share on Friday morning.

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