Disney’s streaming business is picking up momentum

Disney Plus and Hulu saw another leap in profitability over the past few months. In its second fiscal quarter earnings results released on Wednesday, Disney revealed that the services’ combined operating income grew to $336 million, up from $47 million during the same time last year.

With ESPN Plus included, Disney’s streaming business finally became profitable last August, and its operating income has been on an upward trajectory since. Paramount Plus, NBC’s Peacock, and Warner Bros....