/u/lowell2017's posts in /r/boxoffice
Disney Turns A Streaming Profit Earlier Than It Originally Targeted At $47 Million As Entertainment Income Soars To $1.2 Billion Due To Success Of Inside Out 2 - Disney+ Core Subscribers (Not Including Hotstar) Rose To 118.3 Million, While Hulu Subscribers Rose To 46.7 Million.
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Sony Pictures Entertainment Profit Slides Down To $73M In First Quarter - Revenue Decreased To $852M Due To Reduced Number Of Theatrical Releases & New TV Season Launches. But Anime Streaming Service Crunchyroll Swelled The Coffers Through High Growth In Paid Subscriptions.
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WarnerDiscovery Looks To Avoid Breakup With Small Asset Sales Like Polish Broadcaster TVN-Executives Fear Triggering Both ‘Years Of Legal Challenges From Debt Investors & Very Significant Operational Challenges’ In Business Split But Cautioned That The Situation Is Fluid & Circumstances Could Change
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Disney Says It Might Have To Pay Comcast Up To $5B More To Buy Out Their Hulu Stake Dependent On Their Arbitration Dispute Over Its Fair Value That Started In May - They'll Share With Comcast 50% Of Estimated Tax Savings Resulting From Amortization Of Stake Purchase With Payments Made Over 15 Years.
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