Disney avoids the disaster that plagues Netflix.
The number of new subscribers to its video-on-demand platforms continues to climb.
But if the latest quarterly results of the number one communication are honorable, they are no less disappointing.
Because the multinational is affected by the vagaries of the economy.
The risk of a global recession and the erosion of the purchasing power of millions of consumers will weigh on its business.
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The group announced on Wednesday evening that it had only made 470 million in profits in the first three months of the year.
This is almost twice less than a year ago.
At the same time, Disney's turnover is soaring, from 15.61 billion dollars at the start of 2021, to 19.25 billion dollars.
We see the result of the tourism boom, made possible by the end of the pandemic.
The pole which includes its theme parks and its hotels was swimming in losses due to confinements and travel restrictions, at the beginning of 2021…
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