Despite 4.6B in revenue, $DIS streaming services are still operating at increasing loss, -$630M on Q4 2021.
Losses will keep increasing, as production ramps up but subscription revenue (+38% from 2020) isn’t growing in the same pace as expenses are (losses up 68% from 2020)
4/6 pic.twitter.com/y70di2hO6X

— Luiz Fernando (@Luiz_Fernando_J) November 10, 2021