> Is this financial outlook posted anywhere digestible (ie not investor reports).
I... have no idea.
> I find it wild that it is not profitable.
The news was that it is profitable now, and sooner than expected.
> Unless Disney went on a spending spree and bought a big number of new movies+shows to publish on the platform, I am surprised.
They did—they've had a number of Disney+ originals. And the streaming rights for Bluey probably wasn't cheap, given its popularity (and iirc it alone is like 25% of their streaming traffic).
I... have no idea.
> I find it wild that it is not profitable.
The news was that it is profitable now, and sooner than expected.
> Unless Disney went on a spending spree and bought a big number of new movies+shows to publish on the platform, I am surprised.
They did—they've had a number of Disney+ originals. And the streaming rights for Bluey probably wasn't cheap, given its popularity (and iirc it alone is like 25% of their streaming traffic).