Disney+ Posts Largest Streaming Profit in Company History
Q2 earnings reveal a streaming segment that's finally living up to Wall Street expectations — with ARPU up 9% year over year.
Disney's streaming business, after years of operating losses, has officially turned a corner.
The company's Q2 earnings report, released after the bell on Tuesday, showed the direct-to-consumer segment posting its largest quarterly profit ever — $912 million, well ahead of analyst consensus estimates.
Sasha covers the business of streaming — strategy, earnings, ad-tier, and product.
Discussion
Comments are loading… Sign in to join the conversation.
More from Entertainment
All →
Box Office: Disney's Summer Slate Crosses $2 Billion Domestic
Three Disney titles have now grossed over $300 million domestically this summer — a first since 2019.
Disney to Acquire Remaining Hulu Stake by End of Quarter
The final $8.6 billion put-call settlement closes a multi-year saga over Hulu's eventual full ownership.
Iger Confirms Successor Decision Will Come Before End of Year
The Disney CEO's latest comments narrow the field to two named internal candidates.
Disney Reorganizes Theatrical Distribution Under New Senior VP
The company consolidates Marvel, Lucasfilm, Pixar, and Walt Disney Pictures distribution under a single executive.
Awards Season Watch: Three Disney Titles Cracking Early Oscar Lists
A live-action drama, an animated feature, and a documentary are quietly building Academy support.
ESPN Direct-to-Consumer App Launches With 12 Million Day-One Sign-Ups
The standalone ESPN app's launch numbers have exceeded internal forecasts within twenty-four hours.
Get the Daily Pulse.
The only industry-insider newsletter you need to stay ahead of the parks, the movies, and the magic. Delivered every Friday morning.