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3 Reasons Disney Expects Slower Subscriber Growth This Quarter

3 Reasons Disney Expects Slower Subscriber Growth This Quarter

Walt Disney (NYSE: DIS) CEO Bob Chapek surprised investors when he shared internal expectations to add "low-single-digit millions of subscribers" in the company's fourth quarter. Chapek pointed to three setbacks in the current quarter negatively affecting subscriber growth. The COVID-19 pandemic has resulted in production delays across the industry.