$Walt Disney(DIS)$ Rolling out

2022-06-12

$Walt Disney(DIS)$ Rolling out Disney+ has cost the company a fortune -- with $32 billion in projected fiscal 2022 content spending alone across Disney's linear networks (cable), direct-to-consumer segment (DTC), and studio entertainment segment. DTC operating losses for the first quarter of its fiscal 2022 were a painful $593 million. But it got even worse in the second quarter when DTC reported an operating loss of $887 million -- for a total of $1.48 billion in the first half of fiscal 2022.

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Comments

hh488
2022-06-14
hh488
Yes. Really painful to hold.
Cody wong
2022-06-13
Cody wong
$Walt Disney(DIS)$ 106
Andie8392
2022-06-13
Andie8392
how much lower do you think it will get? time to buy?
mster
2022-06-12
mster
Tougher times ahead.
TKY1978
2022-06-14
TKY1978
Trade with care
DragonTycoon
2022-06-14
DragonTycoon
content should already be there

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