Disney's earnings outlook rises as streaming unit posts gains: report

NEW YORK, Nov. 14 (Xinhua) -- After years of investing heavily in streaming, Disney's direct-to-consumer business swung to a profit of 321 million U.S. dollars in the September quarter from a loss of 387 million dollars a year earlier.

"The stark improvement for the business, home to Disney+, Hulu and ESPN+, marked its second consecutive quarterly profit," reported The Wall Street Journal (WSJ) on Thursday.