Overview
- Disney's stock fell by 10% despite a narrowed streaming loss and a forecast of future profitability.
- Analysts express mixed views on Disney's financial health, citing challenges in theme parks and linear TV sectors.
- Disney CFO highlights global moderation in post-COVID travel affecting theme park revenues.
- Streaming services like Disney+ and Hulu achieve profitability, with Disney+ adding nearly 8 million subscribers.
- Future focus includes enhancing streaming technology and managing costs, amidst ongoing corporate restructuring.