Since the article doesn’t break this out, revenue for that quarter was $2.4b, and pre tax income was 0.6b: https://thewaltdisneycompany.com/app/uploads/2024/05

Since the article doesn’t break this out, revenue for that quarter was $2.4b, and pre tax income was 0.6b: https://thewaltdisneycompany.com/app/uploads/2024/05/q2-fy24-earnings.pdf https://thewaltdisneycompany.com/app/uploads/2024/05/q2-fy24... So, the streaming service (which is largely back-catalog?) seems to be subsidizing other stuff. I’d hope that most of the $2.4b is going into new content / artists, but I’m guessing it is not.