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submitted 3 months ago by [email protected] to c/[email protected]

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] 49 points 3 months ago* (last edited 3 months ago)

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.

[-] [email protected] 7 points 3 months ago

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

[-] [email protected] 14 points 3 months ago

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] 19 points 3 months ago

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

[-] [email protected] 8 points 3 months ago

Found the Management Consultant

[-] [email protected] 1 points 3 months ago
[-] [email protected] 6 points 3 months ago

Might lose even less money if we started paying them to watch! Yay, math!

[-] [email protected] 3 points 3 months ago

Now we’re losing negative money

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this post was submitted on 08 Feb 2024
385 points (99.5% liked)

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