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BBCNEWS Asia Business Report June 4, 2024 23:36:00

More. disney said losses totalled $659 million. i more. disney said lossesi totalled $659 million. an improvement from a year earlier. the progress was largely down to price increases introduced last december. since his return as chief executive, bob iger has made restoring profitability with online video offerings a top priority. during a call with investors, he said it was on the right path to streaming profitability, even with the writers strike going on right now. when it launched in 2019 disney plus enjoyed explosive growth, but costs also ballooned. by spending less on bringing in new customers, disney is making more money off each one, but subscriber numbers have fallen. the service has roughly 158 million subscribers around the world, down 2% from december, with most of the law is coming from ultra low price subscriptions in india. while all screamers face the challenge of how to make money, disney does have a big advantage. theme park, which continue to do very well. ....

Chief Executive , Bbob Iger , Video Offerings , 659 Million , 59 Million , Disney Plus , 158 Million , Theme Park , Price Subscriptions , Ultra Low ,

CNN CNN Newsroom With Fredricka Whitfield June 4, 2024 18:32:00

Regardless of whether the forces come back in, it could be a big setback for bakhmut on the battlefield, which is embarrassing to putin. but he doesn t have a lot of options left. it s not working with the current leadership or the former generals he s had. so putin is trying to figure out what s the next move, and there s not a lot of good ones. and then let s talk about that alleged drone attack. moscow has implicated the u.s. and ukraine in that drone attack on the kremlin this week, or, in your view, you know, is this another case of some russian anti-war, anti-kremlin group that is trying to shake up the kremlin? yeah, that s another fascinating question. so, first of all, i m not a big believer or subscriber to the theory that this is a russian false flag operation, that they did this themselves. that really shows weakness if you can t protect your own air ....

President Putin , U S , Eastern Ukraine , Drone Attack , Air Space ,

CNN CNN News Central June 4, 2024 14:35:00

Company perspective for a moment. we need to look at both sides of the equation. the companies were dancing to one tune prior to march of last year which is subscriber growth and rewarded by wall street for growth, for quarter after quarter growth and the number of subscribers and netflix hit a glitch last year and had a decline in the summer of subscribers, and that one-time decline, and that one time shocked the system and the investor community, and now they are demanding profits. the stock is still punished down one-third prior to march of last year, an engaging in the layoffs, and they are saying, look, we are spending billions of dollars to build the worldwide platforms to which the writers respond, if you build billions of dollars to build ....

Wall Street , Waez System , Investor Community ,