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in Tech

Disney’s streaming business turned a profit for the first time

by Editor August 7, 2024, 11:58 am 1.5k Views

Like other streamers, Disney has struggled with making its streaming business profitable. At the same time last year, Disney Plus, ESPN Plus, and Hulu recorded a $512 million loss. Things started to turn around last quarter when both Disney Plus and Hulu posted a profit last quarter, but losses at ESPN Plus prevented Disney’s overall streaming business from crossing the line into profitability.

“This was a strong quarter for Disney, driven…

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Posted by Editor

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