Disney, Staggered by Pandemic, Sees a Streaming Boom
The company lost $4.7 billion in the latest quarter, but also reported that Disney+ has about 60.5 million subscribers after nine months of operation. https://nyti.ms/3frL5Jx
The Orion capsule’s splashdown in the Pacific Ocean moved NASA into the next stages of the Artemis program, which will rely on Elon Musk’s rocket company to build a moon lander for astronauts. https://nyti.ms/3YcuUYn
Some of the industry’s critics are skeptical, however, about a new flexibility to changes to Section 230 of the Communications Decency Act. https://nyti.ms/34ey2si
A committee took its first vote in the early afternoon, advancing a bill that would increase the money companies pay government agencies when getting some mergers approved. https://nyti.ms/3d7WhN7