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Disney beats forecasts as streaming struggles improve
Disney beats forecasts as streaming struggles improve
Technology
by  AFP

Disney on Wednesday reported higher than expected profit in the final three months of last year as it strives to adapt to a shift from television to streaming. Disney’s direct-to-consumer business, of which Disney+ is part, lost a less than expected $138 million in the last quarter of last year, compared with a loss of $984 million 12 months earlier.