{"id":1996746,"date":"2023-08-10T14:45:04","date_gmt":"2023-08-10T18:45:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-loses-over-7-million-subscribers-ahead-of-price-hike-2\/"},"modified":"2023-08-10T14:46:04","modified_gmt":"2023-08-10T18:46:04","slug":"disney-loses-over-7-million-subscribers-ahead-of-price-hike-2","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-loses-over-7-million-subscribers-ahead-of-price-hike-2\/","title":{"rendered":"Disney+ sees a drop of 7 million subscribers before price increase."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdisney-loses-over-7-million-subscribers-ahead-of-price-hike-2%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1996746&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>Disney Loses 7.7 Million Subscribers to Streaming Service<\/h2>\n<p>According\u2062 to\u2062 Disney&#8217;s third-quarter report, the \u2064company has experienced a significant decrease in\u2063 subscribers to its streaming service. With a total of 146.1 million subscribers,\u200c there has been a 7.4%\u200c decrease compared to the previous\u200d quarter. The majority of these losses can be attributed \u200cto Hotstar, the Indian equivalent, which \u200bsaw a 24% decline in subscribers. Meanwhile, domestic subscribers from the US and Canada decreased by 1%.<\/p>\n<h3>Inflation Rises to\u2063 3.2% in July, a Setback for Biden and Fed<\/h3>\n<p>Despite the decline in subscribers, Disney&#8217;s streaming losses have improved compared to the previous year. Last year, the\u200d company lost a staggering $1.1 billion, whereas this quarter, the losses amounted\u2063 to $512 million. Additionally,\u2063 the company recently announced a price increase for its\u2064 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hbo-max-discovery-to-merge-into-single-streaming-platform-starting-summer-2023\/\" title=\"HBO Max &#038; Discovery+ To Merge Into Single Streaming Platform Starting Summer 2023\">ad-free version<\/a> of \u2062the service, which will now\u2063 cost $13.99 a month\u200b starting from October\u200b 12. However, the\u2062 ad-supported tier will maintain its current price of $7.99 a month, and the bundle of Disney+\u200b and Hulu will\u200d still be\u2064 available for\u200b $9.99 a month.<\/p>\n<p>Furthermore, ESPN+ will also see a\u2064 price increase of one dollar as part of the company&#8217;s \u200d&#8221;cost savings&#8221; \u2063measures,\u2063 which \u200dinclude laying \u200doff \u2063several\u200c commentators. One of the network&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disney-loses-over-7-million-subscribers-ahead-of-price-hike-2\/\" title=\"Disney+ sees a drop of 7 million subscribers before price increase.\">long-standing \u200danchors<\/a>, Suzie Kolber, who had been with the \u200dnetwork for 27 \u2062years, was unfortunately among those laid off.<\/p>\n<p>Disney has faced other challenges\u200c recently, such as layoffs within\u200c Pixar Animation Studio and a previous \u2062round of \u2062layoffs \u200bthat affected 7,000 employees. These cost-saving efforts have been part\u2062 of a $5.5 \u200dbillion\u2063 initiative, representing approximately 3% of Disney&#8217;s global workforce of 220,000 employees.<\/p>\n<p>In\u200c a controversial move, Disney \u200dpartnered with a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/conservatives-call-for-disney-boycott-over-gender-fluid-inspired-clothing-ad\/\" title=\"Conservatives urge Disney boycott due to gender-fluid clothing ad.\">gender-fluid influencer<\/a>, Seann Altman,\u200b for a clothing\u200b ad. Altman showcased \u2063how to dress like Minnie Mouse\u2062 on TikTok, which sparked outrage among some users. This led to calls\u200b for a \u2064boycott of the company by conservative figures.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\">Click \u2064here<\/a> to read more from\u2064 The Washington Examiner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Disney&#8217;s streaming service, Disney+, witnessed a decline of 7.7 million subscribers in the last quarter, as per the company&#8217;s Q3 report. The total number of subscribers stood at 146.1 million, marking a 7.4% decrease from the previous quarter. The majority of losses were observed in Hotstar, the Indian counterpart, which experienced a 24% drop in subscribers, while domestic subscribers remained relatively stable.<\/p>\n","protected":false},"author":1,"featured_media":1996747,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-1996746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1996746"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1996746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1996747"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1996746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1996746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1996746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}