Friday Mailing: Disney, The Hulu + Live TV Bundle & Why Marketing Is King

Two notable data points came out of Disney's Q1 earnings yesterday.

First, it broke out its domestic U.S. and Canada subscribers for Disney+ for the first time, revealing it had 42.9MM in FY Q1 2022, and 36.3MM in FY Q1 2021. It confirms something that I had long suspected: Disney+ has struggled to break past 40MM subscribers in the U.S.

Assuming Canada i…