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Wednesday, February 09, 2022 13:21:08 UTC

Disney's earnings today may recapture some momentum, with the stock down 30% from its all-time high of $202 a year ago. The Mouse is also now spending big on sports.

The rebound of post-pandemic traffic in its theme parks division has been gradual in recent quarters, while its reliance on streaming has witnessed a decrease in subscribers. The Mouse is still spending heavily on its content portfolio, particularly sports, with a budget of up to $33 billion set out for fiscal 2022.(More)

#dis #waltdisney #disney #disneyland #viacom #sports #earnings

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DIS

Walt Disney Co (The)
Wed, Jun 29, 22 7:00 PM UTC
Price: $95.68
Volume 157161
Tue, Jun 28, 22 (EOD)
Price: $95.92
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RELATED:

Mon, Feb 7, 22
Frontier and Spirit Airlines merging

Wed, Jan 5, 22
Sony entering EV market

Mon, Dec 13, 21
Pfizer to buy Arena Pharmaceuticals $6.7B

Wed, Dec 8, 21
Amazon Web Services crash aftermath

DIS

Walt Disney Co (The)
Wed, Jun 29, 22 7:00 PM UTC
Price: $95.68
Volume 157161
Tue, Jun 28, 22 (EOD)
Price: $95.92
Volume 16812400