Here's Why a Slowdown in Disney+ Growth Isn't a Dealbreaker
Ever since Netflix (NASDAQ: NFLX) reported a net subscriber loss in its Q1 2022 report, all eyes have been on subscriber counts from other streaming services. So when Walt Disney (NYSE: DIS) came in with 7.9 million net additions in its recent quarter, which was better than the 5 million or so expected, the news initially looked like a big win for Disney.
Disney+ has been growing at a breakneck pace. But the company warns that the growth could ease in the coming years as the service becomes more mature. Here's why a slowdown in Disney+ subscriber growth isn't a big deal, and why investors shouldn't focus solely on subscriber numbers when evaluating Disney+.
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Source Fool.com