https://www.cnbc.com/2019/01/18/disneys-streaming-efforts-are-already-losing-more-than-1-billion-and-they-havent-really-even-started.html
Now this is interesting.
Disney lost $469 million in its direct-to consumer-segment, largely from BAMtech, the streaming technology that powers ESPN+ and other over-the-top service.
The existing technology and streaming arrangements are losing Disney heaps- but they bought these companies knowing that Linius's technology can transform the whole business model and revenue stream.
Cheers
https://www.cnbc.com/2019/01/18/disneys-streaming-efforts-are-alr...
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