03:38 PM EST, 03/05/2024 (MT Newswires) -- Walt Disney ( DIS ) Chief Executive Bob Iger said Tuesday he is "extremely confident" that the company's streaming business will achieve profitability by fiscal Q4.

"I mentioned streaming. We are on a path to profitability," Iger said at the Morgan Stanley Technology, Media and Telecom Conference, according to a Capital IQ transcript. "We're extremely confident we're going to get there by [fiscal Q4] of this year."

Pixar, Marvel and Disney ( DIS ) films, as well as "Star Wars" and "Avatar" movies will help the company to achieve streaming profits, Iger said at the conference.

Disney's ( DIS ) streaming business includes Disney+, Hulu and ESPN+.

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