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disney earnings signal streaming's potential to surpass traditional television

Disney's recent earnings report indicates a significant turnaround in its streaming business, with projections showing a $875 million increase in operating income for fiscal 2025, potentially surpassing losses from traditional TV. The company’s streaming platforms, including Disney+ and Hulu, posted a combined operating income of $321 million in the last quarter, a stark contrast to the $2.5 billion loss the previous year. This suggests that streaming may successfully replace the profits once generated by linear TV, despite ongoing challenges in the media landscape.
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Finance & Economy, Market Report
20:50 14.11.2024
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