Disney+ subscribers boom — but at a big cost for global expansion

[Hanno Labuschagne]

Disney+ subscribers boom — but at a big cost for global expansion

Walt Disney Co. is evaluating its costs and seeking “meaningful efficiencies” after reporting results that fell short of expectations and wiped out about $15 billion in market value.

Losses at the company’s direct-to-consumer arm, driven by its Disney+ streaming service, more than doubled to $1.47 billion in its fiscal fourth quarter, due to higher programming expenses and the cost of global expansion.

[Bloomberg]

 

[Ninja'd]

Where's my damn ps4 app? Downloading from my us account says the service isn't available here.

 

[ToxicBunny]

Yeah very much doubt I'll be renewing my disney+ sub when the year runs out...

They need to move us off that hotstar POS platform and onto the decent disney+ platform.

 

[bwana]

I love my US Disney/Hulu/ESPN combo... pity SA got Hoturd instead.

 

[TelkomUseless]

Yeah very much doubt I'll be renewing my disney+ sub when the year runs out...

They need to move us off that hotstar POS platform and onto the decent disney+ platform.

Yea... not sure if I will renew. I like the content.. but the hotturd sucks

 

[Dolby]

That is a pretty impressive looking graph though



I'm with the others here - decent content, but shitty app.