You talk about one division of Disney and I talk about the whole company.
I am absolutely sure The Walt Disney Company knows exactly what they are doing with their streaming division and they have planned with that loss from day one, and I guess their plan is: “Spend X to get a user base of size Y”, that’s why I don’t have any sympathy for them.
Disney don’t have any financial problems:
Operating income US$12.121 billion (2022) Net income US$3.145 billion (2022)
If their streaming service is losing a billion/yr for some years it’s no big deal.