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It´s the 10th consecutive quarter of double-digit percentage losses for linear. The sector has shed 4 million subscribers in the first six months of 2024 according to MoffettNathanson's Q2 "Cord-Cutting Monitor" report.

CEO Bob Chapek and other company executives will receive a salary cut, and Executive Chairman Bob Iger will go without his entire salary. With halted productions and closed themed parks in North America and Paris, Moffett Nathanson estimated that Disney will take a revenue hit of $3.4 billion in 2020.