Disney Plus confirms its arrival in Latin America in November

Disney plus. The company will land in Latin America in November, as confirmed by its subsidiary in Mexico. “Data-reactid =” 19 “> A long-awaited news item by many users was delivered this Tuesday, August 4 in the delivery of the Disney Plus financial statement. The company will land in Latin America in November, as confirmed by its subsidiary in Mexico.

The Walt Disney Company of its earnings for its fiscal third quarter ending June 27, 2020. “data-reactid =” 21 “> The announcement came amid The Walt Disney Company’s release of its earnings for its fiscal third quarter that ended on June 27, 2020.

Diluted earnings per share (EPS) from continuing operations during the quarter was a loss of $ 2.61 compared to income of $ 0.79 in the prior year quarter.

“Despite the continuing challenges of the pandemic, we have continued to build on the incredible success of Disney Plus as we grow our global direct-to-consumer businesses,” said Bob Chapek, Official Executive Director, The Walt Disney Company. “The global reach of our entire portfolio of direct consumer services now exceeds a staggering 100 million paid subscriptions, a significant milestone and a reaffirmation of our DTC strategy, which we consider key to our company’s future growth.”

Disney Plus also commented that, “theatrical distribution in the quarter was negatively affected by COVID-19 as the theaters were generally closed nationally and internationally. There were no significant titles released in the current quarter compared to the release of Avengers: Endgame, Aladdin, and Dark Phoenix in the quarter of the previous year. The growth in TV / SVOD distribution results was due to the sale of content to Disney +, including the library of titles, Star Wars: The Rise of Skywalker and Onward. This increase was partially offset by a decrease in sales to third parties in the pay television window ”.

Disney Plus confirms its arrival in Latin America in November appeared first on Digital Trends Spanish. “data-reactid =” 25 “> The post Disney Plus confirms its arrival in Latin America in November appeared first on Digital Trends Spanish.