Disney's streaming business is profitable. Has direct-to-consumer hit a turning point?

  • 📰 latimes
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 82%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business.

Disney direct-to-consumer operations — a combination of Disney+, Hulu and ESPN+ — have been profitable two straight quarters, helping to drive earnings that topped Wall Street expectations. The Burbank-based entertainment giant last week said its streaming trifecta produced fiscal fourth quarter operating income of $321 million, swinging from a $387-million loss reported at the same time a year ago.

’s ‘Inside the NBA’ will move to ESPN Craig Melvin to succeed Hoda Kotb on ‘Today’ Amazon to shut down Freevee for real this time Heart layoffs: L.A.'s KFI-AM news division hit hard Intimacy coordinators to unionize with SAG-AFTRA 60 million Netflix may be the reigning champion of streaming, but it's not quite a heavy hitter in live sports yet.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 11. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen