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Disney posts 4Q loss as parks business, costs drag results

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October, Disney announced a restructuring of its business units to put streaming front and center. It created three content arms, one each for sports, general entertainment and its studios, which have famous brands including Star Wars and Marvel.

Their primary focus is on making shows and movies for streaming services. Meanwhile, a new distribution group will centralize how the content is sold and oversee streaming operations.Disney Plus has boomed during the pandemic.

Subscribers to Disney's main streaming bundle — Disney Plus, ESPN Plus and Hulu — top 120 million. It still plans to launch another international streaming service called Star.Disney posted a loss of $629 million, or 39 cents per share, in the three months that ended Oct.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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