Disney+ lost 1.3 million subscribers in the final quarter of 2023 amid a hefty price hike that went into effect last fall

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

  • @PipocaEnglish
    17•8 months ago

    Disney+ lost 1.3 million subscribers in the final quarter of 2023 amid a hefty price hike that went into effect last fall, but managed to narrow its streaming business’ losses by $300 million during the October-December period.

    That doesn’t really sound like it backfired to me. They lost subscribers but made more money.

    • @frostysauceEnglish
      3•8 months ago

      I don’t even know what it means to “narrow” ones losses.

      • @PipocaEnglish
        5•8 months ago

        Suppose one year you spend $60k, but only earned $50k. You lost $10k.

        The next year, you spend $57k, and earned $53k. You lost $4k, and your losses narrowed by $6k.