Disney’s Streaming Price Hikes, Plus X CEO Says Platform is Close To Breaking Even 8/10/23

Disney posting mixed Q3 results, as CEO Bob Iger laid out a plan to make streaming a key growth driver, including a new focus on its ad-supported tier and announcing price hikes on ad-free versions of Disney+ and Hulu. Plus, newly-appointed CEO of “X” Linda Yaccarino claimed today that the company is soon to be cash flow positive, creating a safe brand, seeing advertisers return and – perhaps the point of giving an interview 8 weeks after becoming CEO – that she’s a stable, steady hand with full autonomy from Elon Musk.