Disney+ Turns a Profit for the First Time, Growing Streaming Subscribers, Adverts as Cable Wanes
For the first time since it launched, Disney’s video streaming division—which includes Disney+ and Hulu—has reported a quarterly profit. Naveen Sarma, media and telecoms managing director at S&P Global Ratings, says he’s looking beyond the number of subscribers and examining what this means as a whole for the legacy media company. He says he views […]