Disney earnings offer hope that streaming can successfully supplant linear TV
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Disney's CFO, Hugh Johnston, announced that by fiscal 2025, Disney's streaming services are expected to generate enough operating income to offset the decline from linear TV. The company projects an increase in direct-to-consumer operating income by $875 million in the next fiscal year.
November 14, 2024 | 8:00 pm
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Disney's streaming services are expected to generate enough operating income by fiscal 2025 to offset the decline from linear TV, with a projected $875 million increase in direct-to-consumer operating income next year.
The news indicates a positive outlook for Disney's financial health as the company successfully transitions from linear TV to streaming. The projected increase in operating income suggests strong growth potential in Disney's direct-to-consumer segment, which is crucial for investors.
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