Disney now has more streaming subscribers than Netflix, but makes less money from them

Let’s not forget that Netflix had a huge head start in the competition, taking the lead in game streaming and forcing Hollywood to reshape itself in their image. Netflix is ​​the reason the media scene looks like it, and that’s why it’s outgrown most of the competition – save Disney. It also means that Netflix has had years to slowly but surely raise prices, maximizing revenue from that large subscriber base.

Disney+, meanwhile, enters the market with a hefty $6.99 price tag. That makes it a low-risk thing for most consumers. Plus, the Disney Bundle — which includes Disney+, Hulu, and ESPN+ with discounts — has become particularly popular, driving growth for all three services. Disney played a low-cost game to attract subscribers early on. Let’s also not forget that Disney+ isn’t even three years old, which means it has already surpassed Netflix in terms of overall subscribers in a very short period of time.

All of this means that Disney still has plenty of time to grow revenue among the 221.1 million subscribers it currently has. So a price hike will come later this year when the ad-supported version of Disney+ launches. So yes, Disney is making less revenue right now, but all of this seems to be part of the plan.

https://www.slashfilm.com/961203/disney-now-has-more-streaming-subscribers-than-netflix-but-makes-less-money-from-them/ Disney now has more streaming subscribers than Netflix, but makes less money from them

Fry Electronics Team

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