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Disney+ Drops 1.3 Million Subscribers Amid Price Hike, Streaming Loss Shrinks by $300 Million (variety.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Disney+ Drops 1.3 Million Subscribers Amid Price Hike, Streaming Loss Shrinks by $300 Million::Disney+ lost 1.3 million subscribers in the final quarter of 2023 amid a hefty price hike that went into effect last fall

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[–] [email protected] 8 points 1 year ago (18 children)

Their greed backfired and they lost money as a result. Music to my ears. Arrr.

[–] [email protected] 15 points 1 year ago (11 children)

Unfortunately, no. They were already losing lots of money. They are now losing less money than they were before even after people left. Which is generally what happens if you're losing money for every subscriber and then subscribers leave.

[–] [email protected] 20 points 1 year ago (4 children)

"see this chart here? We lose money for every subscriber! We'll never make any money until we get rid of all of theml"