Disney’s streaming services are profitable! But it’s no Netflix

Disney’s streaming services, which include Disney+, Hulu, and ESPN+, just became profitable a quarter ahead of schedule with an operating income of $47 million. While the news is “symbolically important,” it’s got a long way to go before it’s in Netflix territory. Netflix reported an operating income of $2.6 billion last quarter.

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Bolstered bookseller Barnes & Noble is planning a major expansion and potential IPO

One of the hottest IPOs of the year could be a century-old bookstore that Amazon almost killed.

Millie Giles15h

Nathan's Famous restaurant on Coney Island

Iconic hot dog brand Nathan’s Famous just sold for $450 million

Packaged meat company Smithfield Foods has agreed to acquire the historic Coney Island staple — best known for its annual hot dog eating contest — in an all-cash deal.

Millie Giles1/23/26

Tom Jones

so fried

1/23/26

KFC ranked worst out of 76 restaurant chains per new market share analysis

The chicken wars are taking their toll, new Barclays analysis suggests, as competitors close in on the chain that once ruled the roost.

Nate Becker

1/22/26

Paramount is doing everything except the one thing that could give its Warner Bros. bid a chance of success

Warner Bros. says “more than 93%” of its shareholders have rejected Paramount. That’s probably not going to change substantially unless Paramount boosts its offer.

Streamers continued retreating from original shows in 2025

The death of “peak TV” has not been exaggerated, per a new report from Luminate.

Max Knoblauch1/21/26

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