Posted inAmusement and Theme Parks Company Reports Disney Plus Disney, Walt, World (Lake Buena Vista, Fla) Iger, Robert A Video Recordings, Downloads and Streaming Walt Disney Company
For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
The company has lost more than $11 billion on streaming since 2019 and experienced a sharp decline in its traditional TV business for the second straight quarter.