"Walt Disney (DIS) earnings surge was largely driven by their parks, experiences, and product divisions. Walt Disney cut expectations on streaming, but raised prices, which is a bet on stickiness. The company gives a good picture of what is happening with consumers," says Josh Strange. "India's Hotstar makes up 36% of Disney+ total user base. The streaming sector was starting to look like a headwind but is delivering. A slowdown in economy in 2023 can hamper theme parks as well," Hatem Dhiab adds.
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12 Aug 2022
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