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Disney's streaming company (without ESPN+) makes a quarterly profit


Walt Disney Co. is taking colossal steps toward making its streaming business beneficial, an achievement that comes none too early as its customary Telecom companies keep on declining.

The Burbank media and diversion goliath detailed all out streaming income of $6.19 billion for its monetary second quarter of 2024, up 12% from a year sooner. Disney's streaming business — which incorporates Disney+, Hulu and ESPN+ — revealed a working deficiency of $18 million for the three-month time frame finished Walk 30, a 97% change from last year, when it detailed a deficiency of $659 million to have endured.

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Last Update : May 07, 2024 8:56 AM
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Item  Owner  : raymondngiancola
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2024-05-08 (0.587 sec)