YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Disney posts first quarterly loss since 2001

Posted online

Walt Disney Co. posted its first quarterly loss since 2001.

The net loss came to nearly $5 billion as the majority of the entertainment company's business segments were adversely impacted by the COVID-19 pandemic.

The company reported it now has 60.5 million paid subscribers of its streaming service Disney+. That hit Disney's goal of 60 million-90 million subscribers by 2024, four years early.

Read more from The Wall Street Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences