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Disney nears tipping point as streaming profits start to offset cable decline

By Economic Times - 4 hours ago
Disney's streaming business, under Bob Iger's leadership, has reported its second consecutive quarterly profit. This comes after a strategic crackdown on password sharing and cost-cutting measures led to a surge in subscribers. While traditional television experiences a decline, Disney's focus on streaming, including price hikes and strategic content releases, signals a promising turnaround for the company.

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