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by bigfatfrock
1179 days ago
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"Disney’s Direct-to-Consumer revenue for the quarter rose 13%, to $5.3 billion, while its operating loss increased 78% to $1.05 billion" ... "due to higher content and technology costs at Disney+ (with higher average costs per hour of programming, which included an increased mix of originals) as well as higher content costs and lower ad revenue at Hulu" Not exactly the money machine I was envisioning! |
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For comparison, a recent movie that performed well at the box office was Top Gun Maverick.
$1500M box office on a $170M budget - that involved flying and filming an awful lot of hours in "rather expensive to run jets."