[ sourced from The Verge ]
What a coincidence, I’m looking to setup my own media server soon!
[VERGE] Disney is ‘actively exploring’ ways to crack down on password-sharing
Submitted 1 year ago by irradiated@radiation.party [bot] to technews@radiation.party
https://www.theverge.com/2023/8/9/23826310/disney-plus-password-sharing-earnings-q3-2023
autotldr@lemmings.world [bot] 1 year ago
This is the best summary I could come up with:
During an earnings call on Wednesday, Disney CEO Bob Iger said the company is “actively exploring ways to address account sharing.”
Iger added that Disney “will begin to update our subscriber agreements with additional terms and our sharing policies” later this year and will also “roll out tactics to drive monetization” in 2024.
That dropoff is likely related to Disney losing the streaming rights to the Indian Premier League (IPL) last year.
In an interview with CNBC last month, Disney CEO Bob Iger revealed his plans for the future of the entertainment giant, which includes cutting the company’s spending on Marvel and Star Wars productions.
Iger also hinted that the company could sell some of its cable networks that he says aren’t “core” to Disney, such as ABC, FX, and National Geographic.
“Moving forward, I believe three businesses will drive the greatest growth in value creation over the next five years,” Iger said during an earnings call on Wednesday.
I’m a bot and I’m open source!