You Won't Believe What Disney Said About Its Direct-to-Consumer Segment

Walt Disney (NYSE: DIS) is a global media and entertainment conglomerate that owns incredibly valuable intellectual property (IP) that it's able to monetize in many ways. This could mean making money in movie theaters, on traditional cable channels, or in theme parks and cruises. But going forward, the company's direct-to-consumer (DTC) streaming segment is going to become even more important.After losing billions of dollars in recent years, this division is now generating positive operating income. While this is a critical milestone, investors might want to watch a new data point management just provided.You won't believe what Disney said about its DTC segment. Understanding trends here might encourage you to own this consumer discretionary stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool