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In response to
"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"
by
Inigo
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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.
Posted by
David (aka David)
Oct 27 '22, 11:35
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By right now, I mean the fourth quarter of fiscal 2022, which ended at the started of the month. We don't have the numbers yet, though.
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