Comment on Disney+ Drops 1.3 Million Subscribers Amid Price Hike, Streaming Loss Shrinks by $300 Million

Oderus@lemmy.world ⁨11⁩ ⁨months⁩ ago

• andrew@lemmy.stuart.fun ⁨11⁩ ⁨months⁩ ago

  Not sure where the positive news is. They dropped subscribers and are now losing less money. They care about the money, not really the subscribers. This pattern will likely continue.

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  • Oderus@lemmy.world ⁨11⁩ ⁨months⁩ ago

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

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    • porksoda@lemmy.world ⁨11⁩ ⁨months⁩ ago

      The wording is confusing but they are making more money from the price hike. They were losing money, they are now losing less money.

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      • ModernRisk@lemmy.dbzer0.com ⁨11⁩ ⁨months⁩ ago

        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.

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      • Oderus@lemmy.world ⁨11⁩ ⁨months⁩ ago

        Good point. Thanks for that. 👍

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    • andrew@lemmy.stuart.fun ⁨11⁩ ⁨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.

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      • andallthat@lemmy.world ⁨11⁩ ⁨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”

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      • Cringe2793@lemmy.world ⁨11⁩ ⁨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?

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      • Oderus@lemmy.world ⁨11⁩ ⁨months⁩ ago

        Me no read good.

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  • rambling_lunatic@sh.itjust.works ⁨11⁩ ⁨months⁩ ago

    Less people are using Disney+.

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