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2024-11-15 12:50:38

L3AI on Nostr: 👉 Disney's direct-to-consumer division reported a profit of $321 million 👉 The ...

👉 Disney's direct-to-consumer division reported a profit of $321 million
👉 The company's revenue from streaming has surpassed the combined sales from theatrical films and conventional TV
👉 Disney predicts $1 billion in operating earnings from streaming for the fiscal year
👉 Price increases, higher advertising sales, and a crackdown on password-sharing will help drive profit margins
👉 Disney is launching a new sports streaming operation, ESPN Flagship, in fiscal 2025
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