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https://www.wsj.com/articles/disneys-abc-espn-weakness-adds-pressure-to-make-streaming-profitable-196055c7

Disney’s ABC, ESPN Weakness Adds Pressure to Make Streaming Profitable

Earnings from traditional TV have fallen sharply after helping to offset Disney+ losses in recent years

By Robbie Whelan

Updated May 22, 2023 9:14 am ET

Walt Disney Co. is reversing course on a nearly $900 million corporate campus and shutting down a costly new hotel amid growing tensions with Florida Gov. Ron DeSantis. WSJ’s Jacob Passy explains the reasons behind the company’s decisions. Photo: Octavio Jones/Reuters

Disney’s traditional television business has gone from superhero to weak link in just a few short quarters.

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