4 years, 1 month ago
Disney+ subscribers hit nearly 74 million as COVID-19 brings big losses
LA TimesOne year ago, Bob Iger and Walt Disney Co. launched their flagship streaming service Disney+ with the intent of building a modern entertainment company that could dominate the fast-changing industry well into the future. The company posted a net loss of $2.8 billion for the 2020 fiscal year, plummeting from a profit of $10.4 billion a year earlier, Disney said in an earnings report Thursday. Disney’s movie studio had to delay some major films, including “Black Widow” and “West Side Story,” and sent others straight to Disney+. “When we look at something like Disney+, there’s not a whole lot of content beyond the kids content to keep people coming back,” said Eric Haggstrom, an analyst with EMarketer.
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History of this topic
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1 year, 7 months ago
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1 year, 7 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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1 year, 10 months ago
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2 years, 2 months ago
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2 years, 2 months ago
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2 years, 4 months ago
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2 years, 4 months ago
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2 years, 4 months ago
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2 years, 4 months ago
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2 years, 4 months ago
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2 years, 5 months ago
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2 years, 5 months ago
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2 years, 6 months ago
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2 years, 7 months ago
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2 years, 7 months ago
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