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submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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

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[-] Oderus@lemmy.world 124 points 10 months ago

Love positive news like this.

[-] andrew@lemmy.stuart.fun 49 points 10 months ago* (last edited 10 months ago)

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.

[-] Oderus@lemmy.world 8 points 10 months ago

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

[-] porksoda@lemmy.world 76 points 10 months ago* (last edited 10 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.

Streaming Loss Shrinks by $300 Million

[-] ModernRisk@lemmy.dbzer0.com 18 points 10 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.

[-] Oderus@lemmy.world 6 points 10 months ago

Good point. Thanks for that. 👍

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this post was submitted on 08 Feb 2024
388 points (99.5% liked)

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