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Here's the Stunning Impact Streaming Is Having on Walt Disney's Top Line [The Motley Fool]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Congratulations are in order.Walt Disney(NYSE:DISNetflixin India just a few days agoThe real question: What does this ultimately mean for Walt Disney's financial results? More than you might think. While not yet as big of a deal as television or movies are for the company, the Disney+ growth trajectory could make streaming just as important as either of those divisions in relatively short order.Crunching the numbersIt doesn't take too much number crunching to come up with a reasonable estimate. If0 million paying customersImage source: Getty Images.It's not a game-changer ... yet (more on that in a moment). Last fiscal year, Walt Disney generated $69.6 billion of revenue. Almost $ billion of that came from the media networks segments -- Walt Disney owns major networks like ABC, ESPN, and FX -- while $6. billion of the top line came from the company's theme parks, hotels, and product licensing deals. The studio entertainment business, responsible for Disney's box office hits, only acco
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