In Disney’s third fiscal quarter, there were mixed results due to challenges with streaming and costs from restructuring after removing content.

Despite a 7.4% drop in Disney+ subscribers, totaling 146.1 million, more than expected, Disney’s stock increased by 4% after the announcement.

The decline was mainly from a 24% decrease in Disney+ Hotstar users due to losing rights to Indian Premier League cricket.

To counter falling revenue, Disney plans to raise ad-free streaming prices and limit password sharing. CEO Bob Iger highlights film studios, parks, and streaming for future growth.

While Q3 revenue was $22.33 billion, slightly below forecasts, park revenue grew by 13%. Issues persist in ads, TV subscriptions, and film performance, prompting efforts to improve film quality and cut releases.

Iger hints at reassessing TV networks’ importance, and pursuing full control of Hulu is in sight, at around $9 billion.

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