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

  • dunestorm@lemmy.worldEnglish
    19·
    5 months ago

    When greed backfires it’s glorious! Plus the more streaming services pop up, the more people will pirate; we’ve regressed back into the cable TV era all because the suits are greedy bastards and deserve to lose every subscriber.

    • Pipoca@lemmy.worldEnglish
      17·
      5 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.

        • Pipoca@lemmy.worldEnglish
          5·
          5 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.