Why Nostr? What is Njump?
2024-11-15 12:50:38

Layer3.news on Nostr: Yahoo! Tech DISNEY TARGETS $1 BILLION IN STREAMING PROFIT IN NEW FISCAL YEAR -- ...


DISNEY TARGETS $1 BILLION IN STREAMING PROFIT IN NEW FISCAL YEAR

https://media.zenfs.com/en/bloomberg_technology_68/1948ba8a66db6361ceeeb3e407f658d1
--
✍️ Old Hollywood is finally making money from streaming, with major legacy media companies like Disney, Warner Bros., and Paramount reporting profits from their direct-to-consumer businesses.
--
👉 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

--
#GeethaRanganathan #HughJohnston #BobIger #AdamSmith #DavidZaslav #mainstream #business
--

https://media.zenfs.com/en/bloomberg_technology_68/1948ba8a66db6361ceeeb3e407f658d1

https://finance.yahoo.com/news/disney-targets-1-billion-streaming-110000973.html

Author Public Key
npub1mcdtm5cjw7y2kw0mda2cyvcx0470ql5pv4vcwwxf534felee0xsqxkrx7g