I made an additional investment in Disney stock, encouraged by the turnaround in its direct-to-consumer (DTC) streaming segment. After years of heavy spending, Disney+ and Hulu are now profitable, with operating income reaching $293 million in Q1 FY2025 and expected to hit $1 billion for the year. CEO Bob Iger’s focus on cost efficiency and quality content, coupled with strong subscriber growth, positions Disney for long-term success. The upcoming ESPN streaming launch and Disney's IP-driven pricing power further solidify my positive outlook for its DTC business.
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