59sec chapter

Decoder with Nilay Patel cover image

Disney’s CEO drama explained, with Julia Alexander

Decoder with Nilay Patel

CHAPTER

Streaming

The company is adding between eight to 10 million subscribers per quarter over the next eight quarters. This creates a moment of excess spending on content to reach those goals at the sacrifice of subscriber revenue. Wall Street goes, okay, we no longer care about subscriber growth because we're seeing what's happening with all the other streaming services. Now we want to know if you're profitable or if you're going to be profitable, what is your revenue?

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