For Disney, Cutting Profits in Half May Be the Price of Growth

What is The Walt Disney Company (NYSE: DIS)?

Is it a theme park operator? A cinematic powerhouse? A direct-to-consumer streaming company (i.e. Disney+?) The truth is that Walt Disney is all of these things. Yesterday, my fellow Fool (and Florida resident) Rick Munarriz took investors through a tour of the health of Disney's theme park business -- which was "fantastic," by the way, with revenue more than doubling, and earnings flipping from a loss to a profit.

Today I'm going to tell you what's going on at Disney+ -- which, to be honest, is I think the more interesting story.

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Source Fool.com