Showbiz: Walt Disney Co’s new streaming service Disney+ reached 28.6 million paying subscribers this week.
During an earnings call, Iger said thatwill return in October and will go beyond season two, “including the possibility of infusing it with more characters and taking those characters in their own direction in terms of series.”
The parks, experiences and products division posted operating income of $2.3 billion, up 9% from the prior year. The closings could shave $135 million off operating income at Shanghai, and $40 million at Hong Kong, if they extend for two months, Chief Financial Officer Christine McCarthy said. The Hong Kong park could see an additional $105 million decline in operating income during the quarter, McCarthy said, as ongoing anti-government protests have depressed tourism.
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