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
I’m calling it now:
Eventually these streamers are going to run out of runway, and they’re already placing the blame on piracy. They’re going to start pushing for more intense legal action against piracy and self-hosted options. Likely they’ll push for broader enforcement of copyright and criminal charges, but i think they’ll also litigate against plex and other self-hosted software and services as enabling/dealing in pirated content. Worst-case is that they start placing restrictions on VPN’s and proxies, and they’ll maybe couch it in a ‘concern for national security’. FOSS has been having a moment the last couple years, but I’m very nervous about the attention their attracting.
I’m not sure what this will look like, but Netflix and others have already started putting out foreboding OP eds and statements addressing the market impact of pirating, and the digital media market sector is simply too big for legislators to ignore. The more companies like Disney and Netflix take on losses, the more pressure will be placed on legislators to act.
It’s getting ridiculous. I am starting to consider dropping Prime. I don’t need free shipping that bad and I don’t even watch anything on it anymore. And when I do want to watch something I have to watch ads!? Yeah…
Yarrr me hearties! It be time to raise the Jolly Rodger!
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.
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.
I don’t even know what it means to “narrow” ones losses.
They lost less than the year before
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.
Love positive news like this.
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.
Their greed backfired and they lost money as a result. Music to my ears. Arrr.
The wording is confusing but they are making more money from the price hike. They were losing money, they are now losing less money.
Streaming Loss Shrinks by $300 Million
As a non-native English speaker, I thought the same exact thing. That they lost revenue of 300M.
So unfortunately they are gaining revenue? I wish more people would get into Piracy honestly.
Thing is, if more people go pirate stuff, there are less people financing the movie production, and thus, they have pay more In theory, of course, we don’t know what pile of coins goes to manager, CEO, similar for no reason high paid jobs.
people pirate enough -> they fix their platform -> people stop pirating because platform good again -> platform becomes awful again -> repeat
So only pay for stuff you feel comfortable supporting, and pirate the rest, easy
That’s funny, I dropped them last week right before they announced the price hike because I own everything I want to watch and now that I have my OTA DVR set up I don’t need Hulu so I said “see ya round like a big old doughnut.”
Do they mean 1.3 Million subscribers dropped Disney+ ?
If that’s what they meant, english would actually let them say that.
I still have a D+ account, and my parents have a Hulu account, we share with each other
The second the password sharing stops working both of us are canceling
Time for OpenVPN and bridge your home networks together!
Tempting, but I’m not going to fight to pay for a service where they clearly don’t want my money
Yup, I cancelled my D+ account, but not over the price hike. I cancelled it because I only care about Disney/Pixar/old Fox shows, and I already own all of those shows and movies physically now. The Marvel shows are absolute fucking trash, and Star Wars has been utterly murdered by the mouse. Aint nothing left for me on D+ so buh bye.
