Walt Disney Co. is making massive strides toward turning its streaming business profitable, a milestone that comes none too soon as its traditional TV networks continue to decline. The Burbank media and entertainment giant reported overall streaming business revenue of $6.19 billion for its fiscal second quarter of 2024, up 12% compared with a year earlier. Disney's streaming business — which includes Disney+, Hulu and ESPN+ — reported an operating loss of $18 million for the three-month period... Read this story
