streaming wars

Boosted by "Cruella," "Loki" and "Luca," Disney Plus added 12.4 million subscribers between April and June, bringing its total to 116 million. Disney beat Wall Street expectations for revenues and subscribers to its streaming star, and saw its theme parks return to profitability for the first time since the pandemic began, the company reported Thursday.

Disney stock shot up more than 5% in after-hours trading.

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The Olympics has helped reel viewers into NBCUniversal's streaming service Peacock, at least on mobile.

From June to July, the app — heavily promoted during and leading up to the Olympics — saw average daily users in the U.S. climb 52%, to about 2.4 million. Across the same period, the app's monthly downloads increased nearly 96%, far outpacing the growth of other streaming apps, according to third-party analytics firm Apptopia.

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As Netflix dips into gaming, streaming competitors are gobbling up its market share, new data shows.

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