The days of heavy losses in Disney 's streaming division appear to be over. But the days of profitability on par with industry leader Netflix may remain elusive for a bit longer. The good news for Disney shareholders is that CEO Bob Iger doesn't need to get there overnight for the company's stock to gain ground. Disney has acknowledged Netflix as the gold standard in streaming, with profit margins the company would "love" to have, Iger said last year.
The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022.The good news for Disney shareholders is that CEO Bob Iger doesn't need to get there overnight for the company's stock to gain ground.
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