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Bob Iger returned to Walt Disney as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have shown signs of a turnaround at the storied media company ...
Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.”
It took five years, but Disney reached the profitable shore in streaming. As Disney leverages tech across this division, raises prices of streaming services and follows the footsteps of Netflix ...
Disney reported first quarter earnings on Wednesday that beat expectations as the media and entertainment giant reported a profit in its streaming segment while its parks business faced setbacks ...
Disney on Wednesday reported that its total streaming division turned a profit for the first time, though weakness in its parks division dented an otherwise positive report, with the company ...
Disney also projected roughly $1 billion in operating profit from its Disney+ and Hulu entertainment streaming businesses for fiscal 2025. More from Variety 'Deadpool & Wolverine' Is Now Streaming ...
Disney notched a milestone in its streaming business: It reported profitability across its Disney+, Hulu and ESPN+ services for the first time.
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.