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Disney+ growth looks like gangs well and finally approached. Disney stock fell on Wednesday after its profits were issued for the last three months of 2024, which included news that the allowed broadcast service lost 700,000 subscribers. The company expects more “modest” declines until 2025, and it may decrease as a result of increasing successive prices, and a campaign institution to share the password and reduce content spending. Holo was a bright point, adding 1.6 million subscribers.
Disney+ now has 124.6 million subscribers, a decrease from 125.3 million subscribers, while Hulu is located in 53.6 million subscribers, from 52 million. In general, Disney’s financial performance defeated expectations, with $ 1.76 share profits on revenues of $ 24.7 billion. Wall Street analysts expected $ 1.43 per share profits for $ 24.55 billion. Disney Gardens have achieved well, as the company has raised prices in recent years.
After Bob Egger returned as an executive president in 2022 because he is only He cannot give up powerAnd putting an aggressive plan to reach profitability in broadcasting with a promise that Disney+ will be broken even by the end of 2024. The company managed to achieve this, with the last three months of 2024 on the occasion of the third consecutive quarter of the profitability of the broadcast. This may have to become financially responsible and make broadcasting services less tempting, including raising prices, offering a subsidized layer, and targeting the password sharing recently.
Disney+ received a lot of criticism from fans who said that the company caused fatigue and relieves its IP by producing a lot of new content. After returning to the leadership, Earger said that Disney would reduce the amount of content it produced in order to improve the total and profitable quality to broadcast several years after pumping the content of a huge amount to try to compete against Netflix. The investors in Wall Street were fine with heavy content spending for some time, but they eventually started calling that the likes of Disney and Warner Bruce.
Netflix continued to grow and maintain its progress as a clear broadcast winner. A added a Record 19 million subscribers To close the year 2024-with a total of 300 million subscribers-and has been successful by providing the class supported by ads and direct content, two initiatives that cannot be imagined in the past. Netflix becomes richer and richer while the rest of the broadcast industry looks like Des-Beens.
The Disney and other competitors in Netflix lies in the fact that its catalogs remain much smaller, and the height of the user. Consumers will register for a service, watch a new season of their favorite program, then cancel. Netflix does You don’t have the same problem Churn Since it contains a great accumulation of content and continues to spend $ 17-18 billion dollars annually on new content. Disney+ does not help more directed towards children and adolescents, which limits its attractiveness; How many times people want to re -watch Simpson family? Disney expects to spend $ 24 billion in 2025 on new content, however 40 % of this goes towards sports rights; Spending on TV programs and new movies may already decrease.
Fortunately for Disney, he was still the king of programming for children, and he was able to launch some successful films in 2024 after several years of successive fluctuations such as “Lightyear” and “Strange World”. At least for parents, Disney+ may remain in the monthly credit card statement. Other Disney service, ESPN+, may be a bright point in the end where more sport moves to broadcast.
