Disney CEO ‘Extremely Confident’ in 2024 Streaming Profit

Walt Disney Co. Chief Executive Officer Bob Iger is “extremely confident” that the company will meet its goal of showing a profit in its streaming TV businesses in the fourth quarter of this fiscal year.

“I mentioned streaming, we are on a path to profitability,” Iger said Tuesday at the Morgan Stanley technology, media and telecom conference. “I think the results these last two quarters clearly demonstrate that we’re extremely confident we’re going to get there by the fourth fiscal quarter of this year.”