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Disney's Streaming Losses Overcome Analyst Expectations
Disney announced last week it lost some 4 million streaming subscribers in his latest quarter. But now that it's managed to cut its streaming losses to around 660 million from more than one billion, exceeding analyst expectations the stock still got pounded. They pulled over 50 shows from Hulu and Disney Plus. Titles include Turner and Hooch, the 2021 show, not the movie, the Mighty Ducks TV show, Willow just finished airing in January. The move will cost them, of course, in the short term, but cost them a bit of money. And they're also closing their Star Wars hotel, which was very expensive,. It was $6,000 for a two night stay for a family who didn