Disney Plus had 137.7 million subscribers in the second quarter of 2022, a 37% increase on the same time in the previous year.Disney's investment in streaming, which accelerated to grow the Disney+ service that launched in 2019, has lost billions of dollars to date. The company expects its combined streaming operations to finally turn a profit in the fiscal fourth quarter of 2024.Despite this, Disney+ has burned up more than $11.4 billion of operating losses since it was launched and isn't forecast to even make a profit until the end of the year. It would have been so easy to prevent this from happening.
Is Disney Plus still popular : Like so many other Disney properties, from Rise of Skywalker to Encanto to WandaVision, its streaming service is a phenomenon. Disney Plus launched in the fall of 2019, and today, the platform has a little more than 148 million subscribers.
Is Netflix losing to Disney Plus
Though Netflix is still dominating the streamers in terms of overall subscriber base, with nearly 220.7 million subscribers, Disney+ is catching up, with 152.2 million since launching in 2019.
Is Netflix or Disney Plus more successful : Disney ended the September 2022 quarter (Disney's fiscal Q4 2022; Netflix's Q3 2022) with 235.7 million subscriptions vs. Netflix's 223.09 million. At the end of the calendar year, it was 234.7 million Disney subscriptions to 230.75 million Netflix subs.
Disney's streaming business turns a profit in first financial report since challenge to Iger. The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. CEO Bob Iger suggested on a call with investors that the cuts would come primarily from its struggling linear TV business. Meanwhile, the company continues to lose money in its Disney+ streaming business, but it managed to significantly reduce its losses in that division. It has never turned a profit on Disney+.
Why is Disney Plus declining
But visits to media piracy websites were on the rise in 2023, according to a new industry report by data firm MUSO. And as piracy shoots up, streamers' subscriber bases are dropping. Services like Disney+ and Hulu are steadily losing customers, with paid subscriptions down by as much as 7% by the end of the year.In the second quarter of 2024, the number of global Disney+ subscribers amounted to 153.6 million. This marked a decline of around four million compared with the same quarter of the previous year, amid further price increases of the service in October 2023.Walt Disney (NYSE:DIS) Second Quarter 2024 Results
Revenue: US$22.1b (up 1.2% from 2Q 2023). Net loss: US$20.0m (down by 102% from US$1.27b profit in 2Q 2023). US$0.011 loss per share (down from US$0.69 profit in 2Q 2023). Based on Monday's closing share prices, Netflix (which closed Monday at $679.33) is now valued at $301 billion, compared with $288 billion for Disney.
Why was Disney Plus a success : A classic library offering.
Disney arguably has the most beloved library in the history of entertainment. People will subscribe for their favorite Disney animated classics, Pixar titles, Lucasfilm sorcery and Marvel spectaculars — all brands and libraries that Disney owns. 2.
What is the #1 best streaming service : Our top picks for the best streaming services
Best ad-free plan on a budget: Apple TV Plus.
Best for NBC fans: Peacock.
Best for sports: ESPN Plus.
Best for online shoppers: Amazon Prime Video.
Best for originals: Netflix.
Best for critically acclaimed content: Max.
Best for reality and documentary: Discovery Plus.
How profitable is Netflix vs Disney plus
One thing that was never close was the revenue race. Netflix's most-recent quarterly revenue was $8.162 billion; Disney's overall streaming revenue was $5.514 billion. In the second quarter of 2024, the number of global Disney+ subscribers amounted to 153.6 million. This marked a decline of around four million compared with the same quarter of the previous year, amid further price increases of the service in October 2023.The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year.
What will happen to Disney in 2024 : And starting January 9, 2024, guests will see even more changes: All-day Park Hopper access during park hours. No theme park reservations required for date-based tickets. Return of Disney dining plans for Disney Resort hotel guests as part of a package.
![Kladsko-5-malý-Karlův-Most[1]](https://www.einarstrayorchestra.com/wp-content/uploads/2024/06/Kladsko-5-maly-Karluv-Most1-1024x692-250x120.jpg)
![Stubai[1]](https://www.einarstrayorchestra.com/wp-content/uploads/2024/06/Stubai1-250x120.jpg)
Antwort Is Disney plus a success or failure? Weitere Antworten – Has Disney Plus been a success
Disney Plus Users
Disney Plus had 137.7 million subscribers in the second quarter of 2022, a 37% increase on the same time in the previous year.Disney's investment in streaming, which accelerated to grow the Disney+ service that launched in 2019, has lost billions of dollars to date. The company expects its combined streaming operations to finally turn a profit in the fiscal fourth quarter of 2024.Despite this, Disney+ has burned up more than $11.4 billion of operating losses since it was launched and isn't forecast to even make a profit until the end of the year. It would have been so easy to prevent this from happening.
Is Disney Plus still popular : Like so many other Disney properties, from Rise of Skywalker to Encanto to WandaVision, its streaming service is a phenomenon. Disney Plus launched in the fall of 2019, and today, the platform has a little more than 148 million subscribers.
Is Netflix losing to Disney Plus
Though Netflix is still dominating the streamers in terms of overall subscriber base, with nearly 220.7 million subscribers, Disney+ is catching up, with 152.2 million since launching in 2019.
Is Netflix or Disney Plus more successful : Disney ended the September 2022 quarter (Disney's fiscal Q4 2022; Netflix's Q3 2022) with 235.7 million subscriptions vs. Netflix's 223.09 million. At the end of the calendar year, it was 234.7 million Disney subscriptions to 230.75 million Netflix subs.
Disney's streaming business turns a profit in first financial report since challenge to Iger. The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit.
CEO Bob Iger suggested on a call with investors that the cuts would come primarily from its struggling linear TV business. Meanwhile, the company continues to lose money in its Disney+ streaming business, but it managed to significantly reduce its losses in that division. It has never turned a profit on Disney+.
Why is Disney Plus declining
But visits to media piracy websites were on the rise in 2023, according to a new industry report by data firm MUSO. And as piracy shoots up, streamers' subscriber bases are dropping. Services like Disney+ and Hulu are steadily losing customers, with paid subscriptions down by as much as 7% by the end of the year.In the second quarter of 2024, the number of global Disney+ subscribers amounted to 153.6 million. This marked a decline of around four million compared with the same quarter of the previous year, amid further price increases of the service in October 2023.Walt Disney (NYSE:DIS) Second Quarter 2024 Results
Revenue: US$22.1b (up 1.2% from 2Q 2023). Net loss: US$20.0m (down by 102% from US$1.27b profit in 2Q 2023). US$0.011 loss per share (down from US$0.69 profit in 2Q 2023).
Based on Monday's closing share prices, Netflix (which closed Monday at $679.33) is now valued at $301 billion, compared with $288 billion for Disney.
Why was Disney Plus a success : A classic library offering.
Disney arguably has the most beloved library in the history of entertainment. People will subscribe for their favorite Disney animated classics, Pixar titles, Lucasfilm sorcery and Marvel spectaculars — all brands and libraries that Disney owns. 2.
What is the #1 best streaming service : Our top picks for the best streaming services
How profitable is Netflix vs Disney plus
One thing that was never close was the revenue race. Netflix's most-recent quarterly revenue was $8.162 billion; Disney's overall streaming revenue was $5.514 billion.
In the second quarter of 2024, the number of global Disney+ subscribers amounted to 153.6 million. This marked a decline of around four million compared with the same quarter of the previous year, amid further price increases of the service in October 2023.The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year.
What will happen to Disney in 2024 : And starting January 9, 2024, guests will see even more changes: All-day Park Hopper access during park hours. No theme park reservations required for date-based tickets. Return of Disney dining plans for Disney Resort hotel guests as part of a package.