Disney expected to announce TERRIBLE EARNINGS this week!
11 months ago
27
Disney’s moment of truth is coming as Disney is expected to admit this week it LOST ANOTHER $750 million on Disney+ for the three months from April to June in 2023. “We estimate they are all losing money, with combined 2022 operating losses well over $10 billion, versus Netflix’s $5 [billion] to $6 billion annual operating profit,” Netflix said in October 2022 about the competition.
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