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International Business Times
International Business Times
Sport
AFP News

Disney Reports Small Loss But Sees Improvement In Streaming

Disney CEO Bob Iger, shown here in 2019, expressed confidence in an upcoming initiative to crack down on improper streaming password sharing (Credit: AFP)

Disney reported higher revenues Tuesday on a strong performance by its theme parks division and an improving streaming business, but a write-down in the company's India business resulted in a small loss.

The company achieved profitability in its entertainment streaming segment following subscription additions of more than six million in Disney+, a landmark after years of losses.

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