, albeit a smaller one than expected, as Disney pushes to make that business profitable. Disney+ actually lost subscribers during the most recent quarter, but revenue per user was higher thanks in large part to recent price increases. Taking all of that together, along with other media companies' recent results, it's clear
, at least in the sense of a growth narrative, according to CNBC's Alex Sherman. That means the industry needs to look elsewhere for growth – and gaming might be the way.Janet Yellen, US Treasury secretary, during a news conference at the Group of Seven finance ministers and central bank governors meeting in Niigata, Japan, on Thursday, May 11, 2023.
Satya Nadella, chief executive officer of Microsoft Corp., during the company's Ignite Spotlight event in Seoul, South Korea, on Tuesday, Nov. 15, 2022. Nadella gave a keynote speech at an event hosted by the company's Korean unit.