Thanks to Hulu, Disney lost $580 million last fiscal year

Thanks to Hulu, Disney lost $580 million last fiscal year
The streaming media business is tough. Disney, which has a 30 percent stake Hulu, saw losses of $580 million last fiscal year, according to an SEC filing. This was, the SEC filing states, “primarily due to a higher loss from our investment in Hulu, partially offset by a favorable ... read more
Source- Techcrunch.comPublished on 2019-01-20By Megan Rose Dickey
1 month ago
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