Disney's Bob Iger: tech is the key to streaming profitability

CEO Bob Iger on Wednesday identified investing in technology as a measure that will help the Walt Disney Company make streaming a money-maker. 

"Now what we really need to do is invest in technology to serve the user because it’s very, very clear that in order for us to turn streaming into a profitable business, it has to have a user first mentality," he said at the MoffettNathanson Media and Communications Summit.

Disney’s combined streaming business of Disney+, Hulu and ESPN+ came...