Disney (DIS) signaled it is closing in on profitability for all of its direct-to-consumer streaming services and networks, according to its fiscal second-quarter earnings results. While topping quarterly earnings estimates, Disney reported slowing experience spending by customers.

From the 2024 Milken Conference, Yahoo Finance Executive Editor Brian Sozzi speaks to Disney CFO Hugh Johnston — who was brought on board at Disney in December 2023 — about the media giant's strategy for its streaming platforms (Disney+, Hulu, ESPN) and linear TV segments.

"You're gonna see prices steadily go up over time in the streaming service, mostly because the content we have is worth paying for. So obviously we generate a lot of our own IP [intellectual property], both on the television series side as well as on the movie side," Johnston says. "And in addition to that, as we continue to build out the streaming service, in particular putting an ESPN tile on later this year and then adding ESPN flagship as an option next year, uh, we think there's just gonna be more and more value there for consumers, and they'll be willing to pay more for it."

As streaming subscriptions dominate a good chunk of Disney's revenue, Johnston believes Disney is soon going to "hit a point" where linear customers will begin leveling off: "Eventually we're at the point where it's just the stayers that will be there."

Johnston also discusses the performance of Disney parks businesses around the world, whether ripples of an economic slowdown are appearing in consumer spending, and Disney's proxy battle victory against activist investor Nelson Peltz.

Catch more of Yahoo Finance's coverage at the 2024 Milken Institute Global Conference.

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This post was written by Luke Carberry Mogan.