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Afaik, Disney+ is somehow still not profitable: https://www.wired.com/story/disney-plus-streaming-profitability-hulu/ https://www.wired.com/story/disney-plus-st
by onlyrealcuzzo 3y ago
Afaik, Disney+ is somehow still not profitable: https://www.wired.com/story/disney-plus-streaming-profitability-hulu/ https://www.wired.com/story/disney-plus-streaming-profitabil...
Though, I suspect this is Hollywood accounting so that they can avoid paying royalties.
- jerf 3y agoAt the moment, it is against Disney's interests to admit to losing that much on streaming. The primary effect it has is to tank their stock price. Once they have to pay out more people based on streaming success, their incentives become more mixed. But at the moment, if anything I'd say their motivation would be to minimize their streaming losses.