{"id":877375,"date":"2024-11-16T08:45:07","date_gmt":"2024-11-16T03:15:07","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=877375"},"modified":"2024-11-16T08:50:47","modified_gmt":"2024-11-16T03:20:47","slug":"disney-aims-for-1-billion-profit-from-its-streaming-biz-in-new-fiscal-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/16\/disney-aims-for-1-billion-profit-from-its-streaming-biz-in-new-fiscal-year\/","title":{"rendered":"Disney aims for $1 billion profit from its streaming biz in new fiscal year"},"content":{"rendered":"<p>Old Hollywood is finally doing what Netflix Inc. has been doing for over a decade: making money from streaming. <\/p>\n<p>With the exception of NBCUniversal, the biggest legacy media companies all reported a profit from their direct-to-consumer businesses last quarter, led by Walt Disney Co., which earned $321 million from its online video arm in the final months of its fiscal year. It was the second straight quarter of profitability for the unit that includes Disney+, Hulu and ESPN+.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Old Hollywood is finally doing what Netflix Inc. has been doing for over a decade: making money from streaming. With the exception of NBCUniversal, the biggest legacy media companies all reported a profit from their direct-to-consumer businesses last quarter, led by Walt Disney Co., which earned $321 million from its online video arm in the final months of its fiscal year. It was the second straight quarter of profitability for the unit that includes Disney+, Hulu and ESPN+.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36,9,4],"tags":[],"class_list":["post-877375","post","type-post","status-publish","format-standard","hentry","category-broadcasting-business-standard-newspapers","category-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=877375"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/877375\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=877375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=877375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=877375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}