Author: Sophia Ethan Clark (Sophia Ethan Clark)

In a Surprise, Disney+ Becomes Profitable
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In a Surprise, Disney+ Becomes Profitable

Associated media – Connected media When Disney reported robust earnings in February, the activist investors then circling the company essentially called it a stunt — a temporary, heat-of-battle effort to fend them off and not, as Robert A. Iger maintained, proof that a struggling Disney had finally “turned the corner.” The Disney chief’s argument just...