📺 Profitability in the streaming world!
Media companies are reporting growth in streaming this year due to price increases, password sharing restrictions and mass layoffs. However, profitability remains volatile.
🐭Disney $DIS reported an operating profit of $47 million in its Direct-to-Consumer (DTC) division , which includes Disney+ and Hulu, compared to a loss of $587 million ...
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Nicely written, I usually get around it somehow when I want to watch a show/movie, but we currently have HBO in the family, but we will be switching to Netflix, I am fundamentally opposed to it as I have $WBD stock in my portfolio and $NFLX stock not🤣.
As far as investments go, I'm pretty much the same as Luke.