Meanwhile, both Comcast and Warner Bros. Discovery are reportedly considering the idea of separating their streaming and studio assets from their struggling TV network businesses.
The House of Mouse on Thursday released mixed fourth-quarter results, with growth driven primarily by its streaming business, while the company’s traditional TV division continued to struggle.
Disney said its streaming platforms’ operating income rose to $321 million in the three months ending Sept. 30, compared with a loss of $387 million during same period in 2023.