The operating loss of Disney's direct-to-consumer business, including the streaming services Disney+, Hulu, and ESPN+, amounted to 18 million U.S. dollars in the second quarter of 2024, marking a decline from the same quarter of the previous year. Like other U.S.-based media companies, Disney has struggled to make positive profits with it streaming division. As a result, the company announced cost-cutting measures, such as layoffs, reducing programming costs, as well as increasing subscription prices.
Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024
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Walt Disney. (May 7, 2024). Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1402610/operating-income-disney-d2c/
Walt Disney. "Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024 (in million U.S. dollars)." Chart. May 7, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1402610/operating-income-disney-d2c/
Walt Disney. (2024). Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1402610/operating-income-disney-d2c/
Walt Disney. "Operating Income/Loss of The Walt Disney's Direct-to-consumer Business from 2nd Quarter 2021 to 2nd Quarter 2024 (in Million U.S. Dollars)." Statista, Statista Inc., 7 May 2024, https://www.statista.com/statistics/1402610/operating-income-disney-d2c/
Walt Disney, Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1402610/operating-income-disney-d2c/ (last visited July 22, 2024)
Operating income/loss of the Walt Disney's direct-to-consumer business from 2nd quarter 2021 to 2nd quarter 2024 (in million U.S. dollars) [Graph], Walt Disney, May 7, 2024. [Online]. Available: https://www.statista.com/statistics/1402610/operating-income-disney-d2c/