Submitted 8 months ago by L4s@lemmy.world [bot] to technology@lemmy.world
Losing subscribers, Disney+ starts fighting password sharing, too::The enforcement is starting with Canada.
While they have some unique content compared to others that isn’t just old nostalgia, they just don’t have enough. I’ll probably cancel after my annual is up.
Yar, mateys.
I would absolutely cancel if my toddler’s favorite show wasn’t on Disney+
Travel the seven seas and hide your booty in Jellyfin, matey.
They have too many garbage shows and too much shitty content. There are way more things I hated than I can say I liked. Secret invasion, book of boba fett, obi wan - all terrible, etc.
I’ll cancel if they do that here. Heck I’ll probably just cancel anyway.
This is the best summary I could come up with:
During Disney’s Q3 2023 earnings call in August, CEO Bob Iger pointed to “significant” password sharing among its streaming services, which also includes two-thirds ownership of Hulu, while declining to provide an exact number.
As revealed in Disney’s Q3 2023 earnings report, Disney+ lost 11.7 million subscribers during the quarter, (largely due to losing the rights to the Indian Premier League cricket tournament).
In August, Netflix said that its annealing on account sharing has helped drive revenue and more new subscriptions than cancellations.
Disney+ launched in November 2019, and Disney’s total streaming losses since then have surpassed $11 billion, The New York Times reported in August.
Like rivals, Disney is set to introduce an ad-supported tier in an attempt to increase subscribers, as well.
However, with Disney slashing content spend by $3 billion over the next few years, it may have to do better than sell ads and surveil password sharing to increase interest in its streaming services.
The original article contains 479 words, the summary contains 158 words. Saved 67%. I’m a bot and I’m open source!
I doubt that password sharing is the reason for them losing subscribers, so they probably won’t gain many subscribers by not allowing it. It might very well backfire.
newthrowaway20@lemmy.world 8 months ago
I mean they saw how Netflix did it and gained subscribers, so it makes sense that they’d try it too.