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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
Love positive news like this.
Not sure where the positive news is, unless you’re a Disney shareholder. They dropped subscribers and are now losing less money. They care about the money, not really the subscribers. This pattern will likely continue.
Their greed backfired and they lost money as a result. Music to my ears. Arrr.
The wording is confusing but they are making more money from the price hike. They were losing money, they are now losing less money.
As a non-native English speaker, I thought the same exact thing. That they lost revenue of 300M.
So unfortunately they are gaining revenue? I wish more people would get into Piracy honestly.
Thing is, if more people go pirate stuff, there are less people financing the movie production, and thus, they have pay more In theory, of course, we don’t know what pile of coins goes to manager, CEO, similar for no reason high paid jobs.
people pirate enough -> they fix their platform -> people stop pirating because platform good again -> platform becomes awful again -> repeat
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Good point. Thanks for that. 👍
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.
“see this chart here? We lose money for every subscriber! We’ll never make any money until we get rid of all of theml”
Found the Management Consultant
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Might lose even less money if we started paying them to watch! Yay, math!
Now we’re losing negative money
How do you lose money per subscriber? Surely the subscription fee each subscriber pays is enough to offset the server, labor, etc costs, right?
By making up more costs.
More seriously, by evaluating what you could be making by letting someone else run the streaming service and pay you for the rights, instead. It’s still a pretty imaginary number, but it does come from something real.
Also, for a business other than Disney, licensing fees for the content they show can be a pretty large cost that needs a lot of subscribers to offset.
The yachts don’t buy themselves.
Me no read good.
Not your fault, it’s a shitty headline
Less people are using Disney+.