Disney Plus just became profitable for the first time, a positive sign for streaming TV

Get the Full StoryFour and a half years after the entertainment giant went all in on streaming, that key piece of its business is turning a profit, even as ESPN Plus remains a drag.

In a much-needed win for the Mouse House, the Walt Disney Company has announced that its Disney Plus streaming service has become profitable for the first time in its history. Disney made the announcement when it revealed its Q2 2024 earnings before the bell this morning. With it, the company beat its promise to Wall Street that its streaming division would be profitable by September.

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