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

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.

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Pipoca@lemmy.world ⁨8⁩ ⁨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.

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- frostysauce@lemmy.world ⁨8⁩ ⁨months⁩ ago
  I don’t even know what it means to “narrow” ones losses.
  
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  - Pipoca@lemmy.world ⁨8⁩ ⁨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.
    
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  - erwan@lemmy.ml ⁨8⁩ ⁨months⁩ ago
    They lost less than the year before
    
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