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Disney’s Pivot To Streaming Suggests Rough Times Ahead For Traditional Entertainment

MEDIA Posted: October 19, 2020 11:01 am

Amongst its portfolio of businesses, Disney+ is the only clear winner, with the service gaining over 60.5 million members in just ten months since launch. The COVID-19 pandemic, on the other hand, crushed Disney’s cruise, theme park, cable TV, live sports, cinema and retail businesses, resulting in losses over US$4.7 billion in the financial quarter ended June 27. – The Conversation

MEDIA Published: 10.19.20

Read the story in The Conversation Published: 10.19.20

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