re: Marvel Will Release No More Than Three Movies and Two Shows Per Year, Bob Iger Says

I was talking about the films. Streaming is much more difficult to gauge since we don't have all the data. But this is more from Iger's call today. Looks like Disney plus is turning a profit.

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Disney’s entertainment direct-to-consumer business, encompassing Disney+, Hulu and Disney+ Hotstar, turned a profit in the quarter: Operating income was $47 million (compared with a loss of $587 million a year ago) on revenue of $5.64 billion (up 13%) for the period, which was the company’s Q2 of fiscal 2024.

Disney+ Core (which excludes Disney+ Hotstar in India and other Southeast Asian countries) gained 6.3 million subscribers in the period to hit 117.6 million — above forecasts — up 6% sequentially. The company previously projected Disney+ Core subscriber net adds of 5.5 million-6 million.

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