February 22, 2021
Just when we thought Meghan and Harry had left the public spotlight and were ready to raise their family in privacy, they’ve thrust themselves into the headlines again.
Last Monday, CBS announced the former royals will hold a 90-minute primetime “intimate conversation” with talk show host Oprah Winfrey next month.
The saga of Meghan and Harry isn’t just a case of two elites wanting to have their cake and eat it. It also reflects a modern misunderstanding of what the purpose of elites in society is or whether they have any purpose at all.
Pleading For Privacy Then Seeking The Spotlight
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Steaming service Disney+ (NYSE: DIS) has projected to hit between 300-350 million subscribers by 2024. This comes as the company surpassed its targets after attracting about 86.8 million paid members as of December 2, 2020.
In October, the company had projected to have an estimated 60 million to 90 million Disney+ subscriptions by 2024. Currently, Hulu has 38.8 million subscribers, while ESPN+ has 11.5 million paid users.
During a four-hour virtual extravaganza on Thursday, Disney further projected an increase in the production costs to about $9 billion by 2024. In this case, the company is expecting operating losses.
To cover the deficit, Disney plans to raise its monthly subscription fee by $1 each for Disney+ to $7.99 and Disney Bundle with Disney+, Hulu, and ESPN+ to $13.99 from March 26 next year.
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