Theme parks aid Disney earnings as company loses four million streaming subscribers

Disney said it plans to combine two streaming services — Disney+ and Hulu — into one app

Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co to higher profits and revenue in its fiscal second quarter in 2023 (Ted Shaffrey/AP/PA)

Ongoing strength at its theme parks and an improving streaming business propelled The Walt Disney Co to higher profits and revenue in its fiscal second quarter.

But the company lost four million streaming subscribers to its Disney+ service and its shares fell 4.5% in after-hours trading.