Disney CEO says profitable streaming a priority, Reuters reports

Disney CEO Bob Iger told employees at a town-hall meeting on Monday that one of his top priorities is to make the company’s streaming business profitable, Reuters’ Dawn Chmielewski reports. "Instead of chasing with aggressive marketing and aggressive spend on content, we have to start chasing profitability," Iger said, adding that "In order to achieve that, we have to take a very, very hard look at our cost structure across our businesses." Reference Link