Based on the blockbuster content and large subscriber numbers we’ve seen from Disney+ in its short existence, you’d think the service would be financially successful overall.
But, unfortunately, for The Walt Disney Company and its investors, that’s not quite the case. One of Disney’s biggest issues recently has been the mounting losses for the streaming service, even being a prime reason former CEO Bob Chapek was replaced by Bob Iger. So, what gives? If Disney+ has millions of subscribers (and counting), plus hit movies and shows, where is that money going?