Disney CEO Iger makes profitable streaming a priority

Iger is responsible for Disney’s all-in embrace of streaming, and the launch of its marquee service, Disney+, but he acknowledged the measurement of success has changed. Wall Street investors now focus on profitability, not merely subscriber gains. “Instead of chasing (subscribers) with aggressive marketing and aggressive spend on content, we have to start chasing profitability,” Iger told an employee town-hall meeting.

Source: Disney CEO Iger makes profitable streaming a priority

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