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Feb 8, 2024 · Disney's direct-to-consumer unit, which includes all of its streaming services, is on track to be profitable this year. By Nhari Djan • 02/08/24 5:43pm “Taylor Swift: The Eras Tour” is ...
Nov 14, 2024 · Disney made money off its streaming business for the second time in a row. During Q4 2024, profit from Disney Plus, Hulu, and ESPN Plus soared to $321 million, up from $47 million last quarter.
6 days ago · Since launching Disney+ in 2019, the business has lost more than $11 billion, and Disney said Thursday its operating margin in streaming won’t reach 10% until fiscal 2026.
Aug 7, 2024 · Disney’s fiscal third quarter direct-to-consumer results were better than expected, helped along by profitability at ESPN+. This marks the first time Disney’s streaming business has been profitable, and a quarter ahead of guidance. The streaming portfolio brought in $47M in revenue, compared to a loss of $512M in fiscal Q3 in 2023.
Aug 7, 2024 · Looking ahead, Disney said it remains on track for streaming profitability to improve in the fourth quarter, with both DTC entertainment, which posted a loss of $19 million in Q3, and ESPN+ ...
- Alexandra Canal
- 4 min
Jun 24, 2024 · Disney has been increasingly focusing on boosting profitability for its streaming business, by bundling its different offerings, lowering costs, and working on plans to crack down on password sharing.
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Aug 7, 2024 · The company achieved profitability in its streaming businesses a quarter ahead of schedule. ... Disney's DTC streaming services turned profitable, bringing in $6.38 billion in revenue, a 15% ...
