Monday, 27 November 2017

Why Disney Is Expecting To Lose A Lot Of Money On Hulu Next Year

Why Disney Is Expecting To Lose A Lot Of Money On Hulu Next Year

Hulu might be winning big with original series' like The Handmaid's Tale, but other facets of the subscription service still require a little T.L.C. until they get some legs. The "C", in this instance at least, is cash. Disney reports they're expecting around $100 million in losses in the next fiscal year due to the launch of Hulu Live. Apparently, putting live television on a streaming service is not cheap!
Read more: https://www.cinemablend.com/television/1730000/why-disney-is-expecting-to-lose-a-lot-of-money-on-hulu-next-year?source=Snapzu

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