However, their financial losses this year have exceeded even this ($1.6 billion in first 9 months alone)
Their projection of achieving profitability in the next fiscal year seems, under these circumstances, quite optimistic :)
(They rolled up Hulu after acquiring a majority share with the purchase of Fox)
https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti...
As of the last couple of months, much of hulu's content is available under the disney app. Seems only a matter of time before the hulu app is completely deprecated.
https://deadline.com/2023/12/comcast-disney-hulu-mike-cavana...
To some extent, Disney are using it as their adult oriented streaming service in the US.
Disney+ apparently has 150 million subscribers.