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

  • andrew@lemmy.stuart.funEnglish
    15·
    5 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.

    • andallthat@lemmy.worldEnglish
      20·
      5 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”

    • Cringe2793@lemmy.worldEnglish
      71·
      5 months ago

      How do you lose money per subscriber? Surely the subscription fee each subscriber pays is enough to offset the server, labor, etc costs, right?

      • Jojo@lemm.eeEnglish
        2·
        5 months ago

        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.

        • Jojo@lemm.eeEnglish
          1·
          5 months ago

          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.