Disney earned an adjusted $1.07 per share in its fiscal fourth quarter on $19.1 billion revenue, with its giant media networks segment showing well despite challenges faced by the traditional TV industry.
Disney's streaming service is set for its debut on Tuesday while Apple TV recently launched one of its own and WarnerMedia is set to debut its HBO Max in May next year. The repercussions of the streaming wars will not only impact Netflix but also the legacy TV industry as consumers cut their cable and satellite cords.
Oh and Marvel methinks! Oh and StarWars.
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