5 ms·

Disney really shouldn't even be included in the first sentence of this article, according to itself they have 8 million subscribers and are expecting to be prof

Disney really shouldn't even be included in the first sentence of this article, according to itself they have 8 million subscribers and are expecting to be profitable next year.

mhaberl 3y ago
With a subscriber base of 8 million, assuming hypothetically that each pays $15 monthly over an entire year (a figure which is inflated), the resultant annual _revenue_ would be approximately $1.4 billion. However, their financial losses this year have exceeded even this ($1.6 billion in first 9 months alone) Their projection of achieving profitability in the next fiscal year seems, under these circumstances, quite optimistic :)
- maxerickson 3y ago
  Disney also has Hulu and ESPN+. (They rolled up Hulu after acquiring a majority share with the purchase of Fox)
  - aqfamnzc 3y ago
    Oh, interesting. I'm surprised they haven't merged them / moved people over / shut down Hulu.
    - geodel 3y ago
      They have stake in Hulu, other partner is Comcast. So Disney can't just shut it down on their own.
      - maxerickson 3y ago
        They are in the process of selling it to Disney (following a 2019 deal giving them the option). https://deadline.com/2023/12/comcast-disney-hulu-mike-cavanagh-1235650499/ https://deadline.com/2023/12/comcast-disney-hulu-mike-cavana... To some extent, Disney are using it as their adult oriented streaming service in the US.
    - nytesky 3y ago
      Hulu is the touchstone service — it’s the more edgy and diverse content. https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti1 https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti...
    - lkjdsklf 3y ago
      They're merging the two apps right now. As of the last couple of months, much of hulu's content is available under the disney app. Seems only a matter of time before the hulu app is completely deprecated.
- oblio 3y ago
  I'm confused about your numbers. Disney+ apparently has 150 million subscribers.
  - oblio 3y ago
    To downvoters: it's from the Wikipedia page...
oezi 3y ago
Netflix isn't profitable if you reject that their production have long term value. Or did that change?
edgyquant 3y ago
They have way more subscribers than that but are losing subscribers and are themselves in a frenzy over what they consider the failure of Disney+

Disney really shouldn't even be included in the first sentence of this article, according to itself they have 8 million subscribers and are expecting to be profitable next year.

mhaberl 3y ago

With a subscriber base of 8 million, assuming hypothetically that each pays $15 monthly over an entire year (a figure which is inflated), the resultant annual _revenue_ would be approximately $1.4 billion. However, their financial losses this year have exceeded even this ($1.6 billion in first 9 months alone) Their projection of achieving profitability in the next fiscal year seems, under these circumstances, quite optimistic :)

maxerickson 3y ago
Disney also has Hulu and ESPN+. (They rolled up Hulu after acquiring a majority share with the purchase of Fox)
- aqfamnzc 3y ago
  Oh, interesting. I'm surprised they haven't merged them / moved people over / shut down Hulu.
  - geodel 3y ago
    They have stake in Hulu, other partner is Comcast. So Disney can't just shut it down on their own.
    - maxerickson 3y ago
      They are in the process of selling it to Disney (following a 2019 deal giving them the option). https://deadline.com/2023/12/comcast-disney-hulu-mike-cavanagh-1235650499/ https://deadline.com/2023/12/comcast-disney-hulu-mike-cavana... To some extent, Disney are using it as their adult oriented streaming service in the US.
  - nytesky 3y ago
    Hulu is the touchstone service — it’s the more edgy and diverse content. https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti1 https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti...
  - lkjdsklf 3y ago
    They're merging the two apps right now. As of the last couple of months, much of hulu's content is available under the disney app. Seems only a matter of time before the hulu app is completely deprecated.
oblio 3y ago
I'm confused about your numbers. Disney+ apparently has 150 million subscribers.
- oblio 3y ago
  To downvoters: it's from the Wikipedia page...

oezi 3y ago

Netflix isn't profitable if you reject that their production have long term value. Or did that change?

edgyquant 3y ago

They have way more subscribers than that but are losing subscribers and are themselves in a frenzy over what they consider the failure of Disney+