Disney+ has reported a 1.3 million drop in global subscribers in the final three months of 2023.
The Walt Disney Company’s streaming platform—which includes brands like Pixar, Marvel, Star Wars, and National Geographic—lost about 400,000 subscribers in the U.S. and Canada alone, per a press release . Its losses were even greater internationally, amounting to 900,000.
In total, subscriptions decreased from 112.6 million to 111.3 million at the close of its first fiscal quarter, which ended on Dec. 30 (The Walt Disney Company’s fiscal year ends on the Saturday closest to Sept. 30, per the Securities and Exchange Commission .)
Disney+ partially attributed the losses to the “substantial price increase” it implemented that same quarter. On Oct. 12, the company raised the price for its ad-free Disney+ Premium plan by $3, […]
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