Disney reported over 235 million streaming subscribers on all platforms, as Disney+ beat Wall Street expectations by adding 12.1 million subscribers, increasing the total to 164.2 million, while Hulu and ESPN+ also grew last quarter. Despite the gains, the company's losses tied to streaming continue to grow, nearly doubling year-over-year to $1.47 billion. But CEO Bob Chapek says the losses from streaming have peaked, and the company will be back on the road to profitability in 2024.
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