Disney's Streaming Services Make Profit for the First Time

Category: Business

Disney's streaming services, including Disney+, Hulu, and ESPN Plus, achieved profitability for the first time, reporting a $47 million profit in the third quarter, a significant turnaround from a $512 million loss the previous year. This success comes alongside a price increase for all services, with the ad-free Disney+ tier set to rise to $15.99 in October 2024.

Keywords: Disney, streaming services, profitability

Source: IGN

Update At: 8/7/2024

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