Disney targets $1 billion in streaming profit in fiscal 2025
Briefly

"Disney is all in on streaming, positioned for a digital future that mitigates traditional TV woes. Though this was costly - $2.5 billion in fiscal 2023 losses - it has turned profitable, marking an inflection point."
"Streaming now offers Disney a 'terrific future,' Hugh Johnston, the company's chief financial officer, said in an interview with Bloomberg TV."
Read at Fortune
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