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

  • PorkSoda@lemmy.world
    link
    fedilink
    English
    arrow-up
    76
    ·
    edit-2
    11 months 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

    • InfiniteGlitch@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      21
      arrow-down
      3
      ·
      11 months 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.

      • Petter1@lemm.ee
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        12
        ·
        11 months ago

        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.