Disney to crack down on password-sharing after CEO Bob Iger wins board fight
Walt Disney’s streaming service will start cracking down on password-sharing from June, Chief Executive Bob Iger said Thursday, as the entertainment conglomerate looks to boost subscriber growth and profitability at the business.Iger also said there was a need for some consolidation in the streaming industry and Disney was eventually looking at double-digit margins in streaming, in a wide-ranging interview with CNBC.CEO Bob Iger said there was a need for some consolidation in the streaming industry. AFP via ...