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Disney’s Troubling Turn: Subscriber Losses and Declining Fan Engagement
The recent quarterly earnings report has once again cast a shadow over Disney’s prospects, revealing significant setbacks for the entertainment giant. CEO Bob Iger faced the difficult task of addressing shareholders and the public, delivering unwelcome news about the company's current struggles. Notably, Disney Plus, Disney’s flagship streaming service, is hemorrhaging subscribers for the second consecutive quarter, raising alarms about its future trajectory.