Disney's Streaming Unit Reports Improved Losses, On Track for Profitability
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#10d0212a ver:1.08

Disney's streaming unit shows improved losses, on track for profitability. Despite a drop in traditional TV and weaker box office performance, the streaming division reported a loss of $18 million, an improvement from last year. Disney+ gained 6 million new subscribers, bringing the total to 117.6 million. CEO Bob Iger expects profitability in Q4. #Disney #streaming #earnings...

#newstr #Disney #CorporateEarnings #StreamingProfitability #WallStreet 

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