From CNBC: 2024-11-14 14:50:37

Disney’s quarterly earnings show streaming is becoming a profitable business, surpassing traditional TV. Disney projects over $1 billion in operating income from streaming next year. Despite streaming’s challenges, Disney’s results indicate a bright future, with shares rising over 6% in midday trading. Comcast’s NBCUniversal is CNBC’s parent company.



Read more at CNBC: Disney earnings offer hope that streaming can supplant linear TV