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Disney CEO Bob Chapek Says Covid Shutdowns Reduced Streaming Content Available In Q4; Warns Wall Street, Subscriber Growth “Not A Straight Line”
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deadline.comWalt Disney chief executive Bob Chapek said the company’s global net paid subscribers will rise “by low single-digit millions” for its current fiscal fourth quarter from the third — meaning slower growth — and put Wall Street on notice that long-term targets are still on track but they shouldn’t assume growth will be a straight line.“A quarter-to-quarter business is not linear,” he told a media conference Tuesday. “That’s something where we’re not exactly aligned with the Street.”“Investors take last December and say, ‘Oh, they want to get to 230 or 260 or whatever the number, and they divide it by the number of quarters and say, ‘They need to add ‘X’ per quarter. [But] these numbers tend to be a lot noisier than a straight line
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10.02 / 02:13
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Everyone’s super pissed at Dave Chappelle again, for a whole new reason
Roughly four months after he sparked outrage over a number of queer-themed jokes in his Netflix special The Closer, comedian Dave Chappelle is once again on the receiving end of intense, online criticism. His comedy has nothing to do with it this time.On Tuesday, the town council of Yellow Springs, Ohio — where Chappelle resides — voted down its own plan to construct affordable housing on a 53-acre lot.
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