$Disney (DIS.US)$ The analyst will cut expectations for Disn...
$Disney (DIS.US)$ The analyst will cut expectations for Disney’s direct-to-consumer (DTC) revenue by $1.6 billion in fiscal 2024 to reflect the hypothesis of lower average revenue per user, and expects Hotstar subscribers to account for more than 45% of Disney+ subscribers.
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capper_ : If there is a better entry point in the stock market, or DTC's earnings are better than current expectations, his view of Disney will be more constructive