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Transcripts For BBCNEWS Business 20240703

Delivering the profit much earlier than expected . Delivering the profit much earlier than expected . Yes, it was a huge surrise, than expected . Yes, it was a huge surprise. Disney than expected . Yes, it was a huge surprise, disney has than expected . Yes, it was a huge surprise, disney has been than expected . Yes, it was a huge surprise, disney has been trying i than expected . Yes, it was a huge i surprise, disney has been trying to adapt as people ditch cable tv and switch to streaming services and they promised wall street that its Streaming Business would become profitable by september and here we are, ahead of schedule, because since disney plus launched in 2019 to compete with netflix it had been losing money, but now for the first time disney plus and hulu have turned a profit and executives say the full rate streaming portfolio is on track to become profitable later this year, so you think that would become great news, but if you look at the share price, it is down nearly 1

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