🇺🇸 United States · Media & entertainment
The Walt Disney Company100IntegrityRIRobert A. IgerCEO (returned November 2022), The Walt Disney CompanyPromisedwhether streaming made moneyprofit (>$0)7 February 2024↗
🇺🇸 United States · Media & entertainmentThe Walt Disney Company105IntegrityRIRobert A. IgerCEO (returned November 2022), The Walt Disney CompanyKeptwhether streaming made moneyprofit (>$0)$321m14 November 2024↗
🇺🇸 United States · Media & entertainmentThe Walt Disney Company105IntegrityRIRobert A. IgerCEO (returned November 2022), The Walt Disney Company
Did Disney keep its promise to make its streaming business profitable by late 2024? (plain)
The new promiseDisney's streaming arm turned a profit on schedule.
Max Noble Odds: 50% chance he keeps it. They move with every call. Against the odds you win more, and lose more.
The small print, in plain words
- He promised
- Streaming would make a profit by the fourth quarter of fiscal 2024.
- He got
- A $321m profit in that quarter.
- Why, says the company
- Streaming losses turned into profit through the year.
- How bad
- Nothing: the promise was met. Score 100 → 105.
Read the promise ↗︎Disney Q1 FY2024 earnings release (SEC 8-K), 7 Feb 2024Read the result ↗︎Disney Q4 FY2024 earnings release (SEC 8-K), 14 Nov 2024