The Walt Disney Company Senior EVP and Chief Financial Officer Christine McCarthy, at an event, said the company has consciously decided to stay away from sports rights that are not value accretive
Walt Disney Company CEO Bob Chapek has said the company will continue to invest in local programming across the globe, including India
The Walt Disney Company SVP & CFO McCarthy noted that the OTT platform's users consume sports & entertainment content in equal measure
Revenue up 45%, subscribers increase to 116 million
The platform comprised 1/3rd of Disney+'s 104 million paid subscribers in Q2