Illustration by Alex Castro / The Verge
Disney’s streaming business has finally become profitable. In its Q3 earnings results released on Wednesday, the company reported making $47 million off Disney Plus, Hulu, and ESPN Plus.
Like other streamers, Disney has struggled with making its streaming business profitable. At the same time last year, Disney Plus, ESPN Plus, and Hulu recorded a $512 million loss. Things started to turn around last quarter when both Disney Plus and Hulu posted a profit last quarter, but ...
