Disney bets on sequels and password crackdown for profit growth
Disney bets on sequels and password crackdown for profit growth
www.bbc.com
Disney bets on sequels and password crackdown for profit growth
Boss Bob Iger says sequels are cheaper to make because they save on marketing costs.
Disney is banking on a password crackdown and spate of sequels as it pushes to make its streaming business profitable.
The company, which is under pressure as audiences move away from traditional pay-TV and cinema, said it was on track to meet its goals after new subscribers and price rises helped to narrow losses in its streaming business.