this post was submitted on 08 Feb 2024
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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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[–] [email protected] 75 points 1 year ago* (last edited 1 year ago) (2 children)

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

[–] [email protected] 20 points 1 year ago (1 children)

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.

[–] [email protected] 2 points 1 year ago (2 children)

Thing is, if more people go pirate stuff, there are less people financing the movie production, and thus, they have pay more In theory, of course, we don’t know what pile of coins goes to manager, CEO, similar for no reason high paid jobs.

[–] [email protected] 17 points 1 year ago

people pirate enough -> they fix their platform -> people stop pirating because platform good again -> platform becomes awful again -> repeat

[–] [email protected] 7 points 1 year ago

Good point. Thanks for that. 👍