Disney is already losing over $1 billion in streaming, and its Netflix competitor has yet to launch

Disney reported losses of more than $1 billion tied to its ownership of Hulu and BAMtech, which powers ESPN+ and other streaming services.
Read more: https://www.cnbc.com/2019/01/18/disneys-streaming-efforts-are-already-losing-more-than-1-billion-and-they-havent-really-even-started.html?source=Snapzu