Disney tops Netflix in streaming subscribers, raises prices for ad-free options
2 years, 4 months ago

Disney tops Netflix in streaming subscribers, raises prices for ad-free options

The Hindu  

Walt Disney Co edged past Netflix Inc with a total of 221 million streaming subscribers at the end of the most recent quarter and announced it will launch a Disney+ option with advertising this December. Disney+ with ads will cost $7.99 per month, the same price the company now charges for the ad-free version, Disney said in a statement on Wednesday. In the just-ended quarter, Disney added 14.4 million Disney+ customers, beating the consensus of 10 million expected by analysts polled by FactSet, as it released "Star Wars" series "Obi-Wan Kenobi" and Marvel's "Ms. Combined with Hulu and ESPN+, Disney said it had 221.1 million streaming subscribers at the end of the June quarter.

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History of this topic

Cord-cutters are fuming over YouTube TV price hike. But streaming inflation is here to stay
1 week, 4 days ago

Cord-cutters are fuming over YouTube TV price hike. But streaming inflation is here to stay

LA Times  

YouTube TV announced Thursday its monthly subscription fee is going up 14% in January, to customers’ outrage. Cord-cutters are again dealing with the reality of rising programming costs after YouTube TV told subscribers Thursday that their monthly fee will go up by 14% to $82.99 starting in January. Needless to say, many dissatisfied customers took to social media after learning …

Disney’s streaming business is profitable. Has direct-to-consumer hit a turning point?
1 month ago

Disney’s streaming business is profitable. Has direct-to-consumer hit a turning point?

LA Times  

It took billions of dollars in losses, a company-wide overhaul, cost-cutting and price hikes to get there, but Bob Iger and Walt Disney Co. appear to have reached a long-awaited turning point in the streaming business. Disney’s fourth quarter earnings were also buoyed by a strong showing from its resurgent film studios, which put out big hits with “Deadpool & …

Disney gives investors years to cheer about
1 month, 1 week ago

Disney gives investors years to cheer about

CNN  

New York CNN — Disney did something extraordinary Thursday, giving investors a rare three-year financial outlook, even at a time of economic uncertainty. Net income shot up 74% in the quarter to $460 million, or 25 cents a share, bring its full fiscal year earnings in just shy of $5 billion. It said it expects adjusted EPS for the new …

Disney’s streaming business is profitable for first time, but slowing US park business ups anxiety
4 months, 2 weeks ago

Disney’s streaming business is profitable for first time, but slowing US park business ups anxiety

Associated Press  

Disney returned to a profitable third quarter as its combined streaming business started making money for the first time, along with a very strong showing in theaters for the movie “Inside Out 2.” Operating income for the entertainment segment, which includes its movie studio and parts of its television wing, nearly tripled to $1.2 billion. Disney’s stock was pressured in …

Disney posts first-ever streaming profit, warns of pressure on theme-parks unit
4 months, 2 weeks ago

Disney posts first-ever streaming profit, warns of pressure on theme-parks unit

Live Mint  

Disney’s streaming and movie businesses shifted into high gear last quarter, picking up the slack from the theme-parks unit, which has begun to show signs of strain. The entertainment giant’s streaming unit, which includes flagship platform Disney+, general entertainment service Hulu and the sports-focused ESPN+, became profitable one quarter ahead of schedule, producing operating income of $47 million on $6.38 …

How the new Disney+/Hulu/Max bundle compares to other streaming deals
4 months, 4 weeks ago

How the new Disney+/Hulu/Max bundle compares to other streaming deals

LA Times  

Bundling up in the middle of summer? Audiences can now stream popular titles such as “Bluey”, “The Bear” and “House of the Dragon” for the price of $16.99 a month with ads and $29.99 a month without ads, the studio giants said Thursday. Separate subscriptions to those three streaming services are valued at a total of $26 per month with …

Some Netflix users report price changes in their subscription plans
5 months, 2 weeks ago

Some Netflix users report price changes in their subscription plans

The Hindu  

Some Netflix users are reporting that they are being compelled by the platform to switch to other subscription models that are more expensive or those that include ads, as the platform winds down its basic ad-free plan, reported The Verge. Netflix’s basic ad-free subscription was priced at $11.99 per month for U.S.-based users. Subscribers’ others options include the more expensive …

Netflix hits 40 million users for ad-supported plan
7 months, 1 week ago

Netflix hits 40 million users for ad-supported plan

The Hindu  

Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its push to attract new users with the cheaper plan is paying off. Netflix's ad-tier plan costs $6.99 per month, compared with monthly plans of $9.99 from Warner Bros Discovery's streaming service Max and $7.99 for …

Disney, Warner Bros to offer streaming bundle of Disney , Hulu and Max
7 months, 2 weeks ago

Disney, Warner Bros to offer streaming bundle of Disney , Hulu and Max

Hindustan Times  

By Lisa Richwine HT Image LOS ANGELES -Walt Disney and Warner Bros Discovery will offer a bundle of the Disney, Hulu and Max streaming services in the United States starting this summer, the companies said in a statement on Wednesday. Both Disney and Warner Bros are trying to build their streaming businesses as customers ditch traditional cable packages, in part …

Disney and Warner Bros. Discovery join together for new streaming bundle
7 months, 2 weeks ago

Disney and Warner Bros. Discovery join together for new streaming bundle

LA Times  

The logos for streaming services Netflix, Hulu, Disney Plus and Sling TV are pictured on a remote control. Discovery will offer a new streaming bundle that allows subscribers to access Disney+, Hulu and Max all in one deal, the two companies said Wednesday. The two companies billed the joint bundle offering as a “first of its kind.” It comes on …

Disney’s streaming business turns a profit in first financial report since challenge to Iger
7 months, 2 weeks ago

Disney’s streaming business turns a profit in first financial report since challenge to Iger

Associated Press  

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. While Disney said Tuesday that it foresees its overall streaming business softening in the current quarter due to its platform in India, Disney+Hotstar, it expects its combined streaming businesses …

Disney’s streaming business (sans ESPN+) turns a quarterly profit
7 months, 2 weeks ago

Disney’s streaming business (sans ESPN+) turns a quarterly profit

LA Times  

The Walt Disney Co. name appears on a screen on the floor of the New York Stock Exchange. The company’s “entertainment streaming” business, which consists only of Disney+ and Hulu, was profitable for the quarter, notching operating income of $47 million, compared with a loss of $587 million a year earlier. Although Disney’s streaming business was a bright spot for …

Hulu on Disney+ launches Wednesday. What you need to know
8 months, 3 weeks ago

Hulu on Disney+ launches Wednesday. What you need to know

LA Times  

Disney Bundle subscribers will now see integrated Hulu content on their Disney+ app, part of Disney’s plan to increase viewer engagement and reduce churn. Known as Hulu on Disney+, the combined experience brings shows such as FX’s “The Bear” and Hulu Original “Only Murders in the Building” right onto the Disney+ homepage, allowing viewers to peruse those shows alongside already-existing …

How Netflix survived the streaming wars to stay the subscription video king
9 months, 2 weeks ago

How Netflix survived the streaming wars to stay the subscription video king

LA Times  

Four years ago, Netflix was faced with a formidable challenge to its dominance. “Their competitors are so desperate to make money, they’re giving this content to Netflix,” said Jeffrey Wlodarczak, chief executive of Pivotal Research Group. In January, the streamer announced it would become the exclusive host to WWE’s weekly pro wrestling show “Raw” in 2025, which analysts say will …

Disney to beta launch Disney+/Hulu, CEO Bob Iger wants parents ‘to prepare’
1 year, 1 month ago

Disney to beta launch Disney+/Hulu, CEO Bob Iger wants parents ‘to prepare’

Hindustan Times  

Disney ain't about just princes and princesses anymore. While as of now, Disney+, Hulu, and ESPN exist as separate apps, Bob wants to bundle up subscription products like a streaming platform. For months, Disney CEO Bob Iger promised that there was something new in the books for Disney, as the company was trying to combine the catalogue of Disney and …

Disney CEO Bob Iger touts streaming progress after a year of ‘fixing’
1 year, 1 month ago

Disney CEO Bob Iger touts streaming progress after a year of ‘fixing’

LA Times  

Bob Iger said Disney is ready to build its business again after a long period of “fixing.” Nearly a year after Bob Iger made his dramatic return to lead Walt Disney Co., the chief executive says the world’s best-known entertainment company is ready to build its business again after a long period of “fixing” what had gone wrong in his …

Disney to acquire the remainder of Hulu from Comcast for at least $8.6 billion
1 year, 1 month ago

Disney to acquire the remainder of Hulu from Comcast for at least $8.6 billion

Associated Press  

Walt Disney Co. said it will acquire a 33% stake in Hulu from Comcast for at least $8.6 billion, a deal that will give Disney full control of the streaming service. Disney offered no comment beyond saying the acquisition will “further Disney’s streaming objectives.” The deal price could end up higher once the two companies complete an agreed-upon appraisal of …

Netflix says its ad-supported plan now has 15 million monthly active users
1 year, 1 month ago

Netflix says its ad-supported plan now has 15 million monthly active users

LA Times  

Netflix says its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch. Netflix on Wednesday said its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch, triple the amount that the Los Gatos, Calif.-based streaming video giant disclosed in May. Monthly active users would …

Disney to pay at least $8.6 billion for Comcast’s Hulu stake
1 year, 1 month ago

Disney to pay at least $8.6 billion for Comcast’s Hulu stake

LA Times  

The Walt Disney Co. is proceeding with its buyout of Comcast Corp.’s stake in streaming service Hulu — a major step in the Burbank entertainment giant’s pivot to streaming. “The acquisition of Comcast’s stake in Hulu at fair market value will further Disney’s streaming objectives,” Disney said in a statement, noting that it expects to pay Comcast’s entertainment company, NBCUniversal, …

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

Associated Press  

SAN FRANCISCO — Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. The $15.50 per month price for Netflix’s most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. This year’s …

The cheap streaming era is over. Here’s why your bills are going up
1 year, 2 months ago

The cheap streaming era is over. Here’s why your bills are going up

LA Times  

When a flood of streaming services entered the market four years ago, the free trials were plentiful and the prices were extremely low — with Apple TV+ selling for just $4.99 a month and Disney+ charging a mere $6.99 a month. Media companies are charging more as they struggle to transition from profitable but declining business models — like traditional …

Disney+ follows Netflix, cracks down on account sharing outside households
1 year, 2 months ago

Disney+ follows Netflix, cracks down on account sharing outside households

India TV News  

Starting November 1st, Disney+ will be taking steps to prevent users in Canada from sharing their accounts with individuals outside of their households, following a similar move by Netflix earlier this year. Disney+ also hinted at the introduction of new fee options for users seeking to include individuals from outside their households on their accounts. In 2024, the platform plans …

Disney+ deal for September 2023: Get 3 months for £1.99
1 year, 3 months ago

Disney+ deal for September 2023: Get 3 months for £1.99

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy A huge raft of content is about to land on Disney+ in the …

Disney gambles on free cricket to turn the tables in streaming war
1 year, 3 months ago

Disney gambles on free cricket to turn the tables in streaming war

The Hindu  

Walt Disney is attempting to revive the fortunes of its streaming business in India by offering free cricket on smartphones, betting that the strategy will boost advertising revenue and offset the impact of a subscriber exodus. The India streaming operations, which were Disney's biggest last year globally by users, posted a loss of $41.5 million on revenue of $390 million …

Disney streaming service sees subscribers fall again
1 year, 4 months ago

Disney streaming service sees subscribers fall again

The Hindu  

Disney on Wednesday reported a loss for the most recent quarter, with the number of subscribers to its streaming service shrinking again, but a pledge to crack down on password sharing sent shares higher in after-market trades. The falling Disney+ subscriber numbers - for the third consecutive quarter - came as a major writers and actors strike hits the U.S. …

Disney plus Hulu streaming services set to cost a lot more in US, check new prices and plans
1 year, 4 months ago

Disney plus Hulu streaming services set to cost a lot more in US, check new prices and plans

Hindustan Times  

Disney has announced a significant price increase for its popular streaming services, Disney+ and Hulu. FILE PHOTO: Toy figures of people are seen in front of the displayed Disney + logo, What are Disney+ Hulu new subscription charge Disney+ ad-free subscription will see a considerable jump, increasing from $10.99 to $13.99 per month. Similarly, Hulu's ad-free tier prices will surge …

Disney to boost prices for ad-free Disney+ and Hulu services and vows crackdown on password sharing
1 year, 4 months ago

Disney to boost prices for ad-free Disney+ and Hulu services and vows crackdown on password sharing

Associated Press  

Walt Disney Co. CEO Bob Iger vowed to make its streaming services profitable via a planned October price hike on its ad-free Disney+ and Hulu plans and a crackdown on password sharing expected to extend through next year. “We’re obviously trying with our pricing strategy to migrate more subs to the advertising supported tier.” Iger didn’t provide details about the …

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off
1 year, 5 months ago

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off

Associated Press  

SAN FRANCISCO — Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent …

Disney+ sheds 4 million subscribers ahead of new layoffs
1 year, 7 months ago

Disney+ sheds 4 million subscribers ahead of new layoffs

India TV News  

The Walt Disney Company's leading streaming service, Disney+, saw a decline of four million subscribers in its second quarter, which ended on April 1st. The main reason for the decline in Disney+Hotstar's subscriber base is believed to be the loss of streaming rights for the Indian Premier Cricket League, which led to a decrease in Indian subscribers. In a statement, …

Disney+ sheds 4 million subscribers. Iger plans ‘one app experience’ with Hulu shows
1 year, 7 months ago

Disney+ sheds 4 million subscribers. Iger plans ‘one app experience’ with Hulu shows

LA Times  

Walt Disney Co.’s streaming video business narrowed its financial losses in the most recent fiscal quarter compared with a year earlier. “We’re pleased with our accomplishments this quarter, including the improved financial performance of our streaming business, which reflect the strategic changes we’ve been making throughout the company to realign Disney for sustained growth and success,” Iger said in a …

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake
1 year, 10 months ago

Disney got ‘The Simpsons’ and ‘Avatar.’ But some now see the Fox deal as a mistake

LA Times  

Disney CEO Bob Iger arriving at the 92nd Academy Awards in February 2020 at the Dolby Theatre in Hollywood. Buying Murdoch’s studios undoubtedly allowed Disney to scoop up valuable franchises, including television’s longest-running scripted show, “The Simpsons,” as well as film juggernaut “Avatar,” giving Disney a slice of the $2.2 billion in global box office receipts from “Avatar: The Way …

As Disney looks for cost cuts, what’s the future of Hulu?
1 year, 10 months ago

As Disney looks for cost cuts, what’s the future of Hulu?

LA Times  

Welcome to the Wide Shot, a newsletter about the business of entertainment. “Everything is on the table right now” when it comes to Hulu, Iger told CNBC last week, adding that he was “concerned about undifferentiated general entertainment, particularly in the competitive landscape that we’re operating in.” Disney declined to comment. Disney’s debt stands at $45 billion, and while Iger …

Disney to cut jobs, save $5.5 bn; Hotstar sees subscribers leave
1 year, 10 months ago

Disney to cut jobs, save $5.5 bn; Hotstar sees subscribers leave

Live Mint  

Walt Disney Co. will be reducing its workforce by 7,000 as it saw its video streaming platform Disney+ lost paid subscribers by 1% in the October to December quarter, from 164.2 million to 161.8 million, the first such decline, amid cancellations of the Hotstar service in India after Disney lost streaming rights to cricket. Walt Disney shares rose as much …

Disney lays off 7,000 as streaming subscribers decline
1 year, 10 months ago

Disney lays off 7,000 as streaming subscribers decline

Firstpost  

The job cuts follow similar moves by US tech giants dialing back from a hiring spurt that began during the height of the pandemic San Francisco: Entertainment giant Disney said Wednesday it was laying off 7,000 employees, as CEO Bob Iger announced a reorganization of the company he returned to lead last year. “Because things in a very competitive world …

Bob Iger announces 7,000 job cuts at Disney, signals ‘significant transformation’
1 year, 10 months ago

Bob Iger announces 7,000 job cuts at Disney, signals ‘significant transformation’

LA Times  

Walt Disney Co. Chief Executive Bob Iger said Wednesday that the Burbank company will shed 7,000 jobs in an effort to save $5.5 billion in costs, marking some of the steepest reductions in the company’s history and the latest sign of Hollywood’s retrenchment. Iger singled out so-called general entertainment content — shows that exist outside Disney’s signature brands — as …

Netflix gains 2.4 million subscribers, reversing losses
2 years, 2 months ago

Netflix gains 2.4 million subscribers, reversing losses

CBS News  

Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. The Los Gatos, California, company disclosed Tuesday that it picked up 2.4 million subscribers during the July-September period, a comeback from a …

Netflix introduces ad-supported tier in 12 countries, minus India
2 years, 2 months ago

Netflix introduces ad-supported tier in 12 countries, minus India

The Hindu  

Streaming giant Netflix announced Thursday it is launching an ad-supported subscription tier from November, according to a company post. ‘Basic with Ads’ will be available to Netflix subscribers in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, the UK and the U.S. India was not included in the initial list of countries, which will get the new tier. …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

Associated Press  

SAN RAMON, Calif. — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. Netflix’s ad-supported option will also be rolling out in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, …

As streaming services get frugal, programming changes throw Hollywood creators for a loop
2 years, 4 months ago

As streaming services get frugal, programming changes throw Hollywood creators for a loop

LA Times  

Welcome to the Wide Shot, a newsletter about the business of entertainment. An HBO Max spokesperson said: “Live-action kids and family programming will not be part of our programming focus in the immediate future, and as a result, we’ve had to make the very difficult decision to end ‘Gordita Chronicles’ at HBO Max.” It’s worth noting that streaming services aren’t …

Should Disney spin off ESPN and fold Hulu into Disney+? This activist investor thinks so
2 years, 4 months ago

Should Disney spin off ESPN and fold Hulu into Disney+? This activist investor thinks so

LA Times  

Daniel Loeb, chief executive officer of Third Point LLC, speaks during the Skybridge Alternatives Conference on May 18, 2017. In a letter addressed to Disney chief executive Bob Chapek, New York-based Loeb on Monday disclosed that his hedge fund, Third Point LLC, had purchased a “significant stake” in the Burbank entertainment giant. “We were particularly pleased to see the strength …

Disney+ Hotstar Adds 8.3 Million Subscribers, Hits 58.4 Million Users
2 years, 4 months ago

Disney+ Hotstar Adds 8.3 Million Subscribers, Hits 58.4 Million Users

News 18  

Disney+Hotstar has added 8.3 million subscribers in the company’s third fiscal quarter that ended on July 2, reaching 58.4 mn subscribers in India and Southeast Asia. The Walt Disney Company also updated subscriber guidance for Disney+ Hotstar, to up to 80 million subscribers by the end of its fiscal 2024. Overall, Disney+ subscriptions went up to 152.1 million for its …

Disney edges past Netflix in streaming battle
2 years, 4 months ago

Disney edges past Netflix in streaming battle

Al Jazeera  

It had staked its future on building a streaming service to rival Netflix as audiences moved to online viewing from traditional TV. Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials. The Mouse House added 14.4 million …

Disney+Hotstar is more popular in India: Know-why?
2 years, 4 months ago

Disney+Hotstar is more popular in India: Know-why?

India TV News  

Disney+Hotstar has reportedly announced that they have added 8.3 million subscribers in the third fiscal quarter, which ended on July 2, and has personally reached around 58.4 million subscribers in India and Southeast Asia. The Walt Disney Company also updated the subscriber guidance for Disney+ Hotstar, to up to 80 million subscribers by the end of its fiscal 2024. Overall, …

Disney+ ad-free subscription cost to rise by 38% in December
2 years, 4 months ago

Disney+ ad-free subscription cost to rise by 38% in December

Associated Press  

Walt Disney Co. said Wednesday it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described as the “best value in streaming.” The price increases are tied to a new tiered service Disney will launch in December for U.S. subscribers. Disney said it added …

Disney+ subscribers are going to have to pay more to avoid commercials
2 years, 4 months ago

Disney+ subscribers are going to have to pay more to avoid commercials

LA Times  

Disney and Pixar’s “Lightyear,” which opened in theaters and is now on Disney+. The company’s key streaming service added 14.4 million subscribers during its third fiscal quarter, bringing its global total to 152.1 million. Disney said its direct-to-consumer segment, which includes Disney+, Hulu and ESPN+, lost $1 billion during the quarter, compared with a loss of about $300 million during …

Netflix’s subscription with ads may bring cheer, but it’s not all doom and gloom
2 years, 5 months ago

Netflix’s subscription with ads may bring cheer, but it’s not all doom and gloom

Hindustan Times  

It had for long been expected. Earlier this week, Ted Sarandos who is Netflix’s Co-CEO and Chief Content Officer, said in an interview with French newspaper JDD there’s been an impact of inflation on household budgets, which has seen many cancel subscriptions. Netflix also exited the Russia earlier this year, after the country’s military invasion of Ukraine led to a …

Netflix confirms launching ad-supported cheaper subscription plans
2 years, 5 months ago

Netflix confirms launching ad-supported cheaper subscription plans

India Today  

Netflix’’s ad-supported subscription plans are not a figment of our imagination after all, the company has confirmed rolling them out soon. The company CEO Ted Sarandos has confirmed that it is planning to introduce an ad-supported tier to its list in an interview at the Cannes Lions advertising festival, The Hollywood Reporter confirms. “We’ve left a big customer segment off …

Netflix lays off hundreds of employees in second round of job cuts
2 years, 6 months ago

Netflix lays off hundreds of employees in second round of job cuts

Live Mint  

Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. "While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in …

Disney+ Hotstar to stream ‘Lego Star Wars’ original on 5 August
2 years, 6 months ago

Disney+ Hotstar to stream ‘Lego Star Wars’ original on 5 August

Live Mint  

NEW DELHI: Disney+ Hotstar will stream LEGO Star Wars Summer Vacation, a new animated special from 5 August. While such international content finds ready takers among young urban Indians in the metros, those in small towns benefit from their dubbed versions in both Hindi and regional languages. Disney+ added around 8 million new subscribers globally in the January to March …

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