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Posts: 156
In response to
"
Peacock sucks, but are any streaming services or streaming divisions of companies profitable yet (besides Netflix)? -- nm
"
by
Inigo
not that i'm aware (and the cost of competing with Netflix is only going to keep going up for all of them) -- nm
Posted by
hollywood big shot (aka pickmix)
Oct 27 '22, 11:18
(No message)
Responses:
To be clear, I'm not saying streaming can't be profitable. Just that it takes years to get to profitability. Disney is still losing tons of money. -- nm
-
Inigo
Oct 27, 11:21
1
Disney will update in 10 days, but Chapek's most recent remarks indicated the worst losses end now. It's supposed to break even in 2024.
-
David
Oct 27, 11:35
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