this post was submitted on 25 Dec 2024
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I really wish I was a consultant for these fucking jokers.
Back when Disney+ was just "Rumor has it Disney wants to launch their own Netflix-like streaming service.", I called this shit. I said "Well that's just going to cause this whole thing to fall apart, no one's going to juggle 50 different streaming services just to be able to find something to watch."
And I was fucking right.
The only ethical streaming service is Tubi as it doesn't charge relying on ads alone, and it's a neat little bonus that Tubi has actively aided in the restoration of lost media.
If it aint on Tubi, then I'm going to yo-ho-ho with a bottle of fuck you.
Disney Plus generated $8.4 billion revenue in 2023, an 13% increase year-on-year.
lol
I can't prove the data wrong, but I will say it's not particularly uncommon for businesses to move money around in an effort to make new product seem better or more profitable than it is. Tons of incentives to do so, little reason not to.
Also since you quote revenue not profit, they were still net unprofitable as of 2023 https://www.hollywoodreporter.com/business/business-news/streaming-profit-report-netflix-disney-warners-paramount-nbcu-1235868631/
Didn't Xbox do something like this? I heard they converted all remaining Xbox Live subscribers to Xbox Game Pass.