The Walt Disney Companys streaming business has reached profitability for the first time. The news was announced with the companys third quarter FY24 earnings report . Disneys direct to consumer DTC streaming —including Disney+, Hulu, and ESPN+ —made a revenue of $6.4 billion. Profit was $47 million. For comparison, in Q3 FY23, Disneys DTC streaming lost $512 million. “This was a strong quarter...
