Walt Disney Co. is expected to fall short of its subscriber target for the Disney+ streaming service. The goal of 215 million to 245 million subscribers by 2024, set by former CEO Bob Chapek, is unlikely to be met. Disney+ has been losing customers due to price increases and declining demand in India. However, Disney has managed to narrow its losses in the streaming division through price increases.
(Bloomberg) Walt Disney Co. expects to fall tens of millions of subscribers short of its last publicly stated 2024 target for the Disney+ streaming service, according to people familiar with the matter.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackVideo-Game Company Unity Closes Offices Following Death ThreatWhen the Homeowners Association Comes for Your HomeDisney Holds Initial Talks on Sale of ABC to Local Broadcaster NexstarChip Designer Arm Jumps 25% in D
Disney to cut target for Disney+ streaming subscribers financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Disney to Cut Target for Disney+ Streaming Subscribers bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.