{"id":88164,"date":"2024-05-08T01:19:13","date_gmt":"2024-05-08T05:19:13","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88164"},"modified":"2024-05-08T01:28:55","modified_gmt":"2024-05-08T05:28:55","slug":"disney-says-streaming-is-nearly-breakeven-but-shares-sink-10-on-soft-guidance","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2024\/disney-says-streaming-is-nearly-breakeven-but-shares-sink-10-on-soft-guidance.html","title":{"rendered":"Disney says streaming is nearly breakeven, but shares sink 10% on soft guidance"},"content":{"rendered":"\n<p>(CNBC) <a href=\"https:\/\/www.cnbc.com\/quotes\/DIS\/\">Disney<\/a>\u00a0reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Disney\u2019s total segment operating income jumped 17% as the company\u2019s entertainment streaming applications \u2014 Disney+ and Hulu \u2014 turned a profit in the quarter for the first time. When combined with ESPN+, the streaming businesses lost $18 million in the quarter, much narrower than the $659 million loss the division reported a year earlier.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/05\/07\/disney-dis-earnings-q2-2024.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Disney\u00a0reported fiscal second-quarter earnings Tuesday that beat analyst estimates after narrowing streaming losses. Disney\u2019s total segment operating income jumped 17% as the company\u2019s entertainment streaming applications \u2014 Disney+ and Hulu \u2014 turned a profit in the quarter for the [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88164","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88164"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88164\/revisions"}],"predecessor-version":[{"id":88165,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88164\/revisions\/88165"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}