November 2, 2024

Programmatic

In a world where nearly everyone is always online, there is no offline.

Disney Streaming Turns First Profit, Driven By Ad Growth and ESPN+

After enduring years of losses, Disney appears to have finally turned a corner with streaming. In its third-quarter earnings today, the media company reported that its direct-to-consumer business, which consists of Disney+, Hulu and ESPN+, turned its first profit, producing an operating income of $ 47 million on $ 6.38 billion in revenue. The achievement is symbolic…
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