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submitted 1 year 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 1 year ago

Love positive news like this.

[-] andrew@lemmy.stuart.fun 49 points 1 year ago* (last edited 1 year 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 1 year ago

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

[-] porksoda@lemmy.world 76 points 1 year ago* (last edited 1 year 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 1 year 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 1 year 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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