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International Business Times
International Business Times
Sport
AFP News

HISTORICAL FACTS: Disney reports small loss but sees improvement in streaming - The Untold Story

Disney CEO Bob Iger, shown here in 2019, expressed confidence in an upcoming initiative to crack down on improper streaming password sharing (Credit: AFP)

Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss.

The company achieved profitability in its entertainment streaming segment following subscription additions of more than six million in Disney+, a landmark after years of losses.

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