It turned out that the total number of paying members of Disney's streaming service reached 235.7 million and exceeded Netflix
On Tuesday, November 8, 2022, local time, Disney announced its financial results for the fourth quarter (July-September) of the 2022 fiscal year. According to the earnings release, Disney+ has added 12.1 million new users, boosting its total paying subscribers to 164 million. In addition, the total number of paid members of Hulu and ESPN Plus operated by Disney as well as Disney + reached 235.7 million, and appealed that it exceeded Netflix.
THE WALT DISNEY COMPANY REPORTS FOURTH QUARTER AND FULL YEAR EARNINGS FOR FISCAL 2022
(PDF file)
Disney says it has more streaming customers than Netflix - CBS News
https://www.cbsnews.com/news/disney-streaming-more-customers-than-netflix/
40 percent of US Disney Plus subscribers picked the bundle with ESPN Plus and Hulu - The Verge
https://www.theverge.com/2022/11/8/23447983/disney-plus-bundle-subscribers-espn-hulu-earnings-us
Disney+ reaches 164.2M subscribers as it prepares for ad-supported tier launch | TechCrunch
https://techcrunch.com/2022/11/08/disney-reports-fourth-quarter-results-2022/
Disney CEO Bob Chapek said in the fourth quarter results, ``Disney + has 12.1 million new subscribers in the fourth quarter.This means that we will invest heavily in the production of great content and the international expansion of services. Disney's strategic decision,' he said, highlighting the strong growth of the company's streaming service.
The actual figures are also strong, with sales in the fourth quarter of 20.15 billion dollars (about 2.93 trillion yen), an increase of 9% year-on-year, and net income of 162 million, an increase of 1% year-on-year. 10,000 dollars (about 23.6 billion yen). However, this figure does not reach the initial sales forecast, and the reason is explained as 'the cost of investing in streaming services has increased.'
According to Disney, Disney+ added 12.1 million new subscribers during the same period, bringing the service's paying subscribers to 164 million. Hulu has 1 million new subscribers during the same period, and 47.2 million paying members for the service. ESPN Plus added 1.5 million new subscribers during the quarter, bringing the service's paying subscribers to 24.3 million. As a result, Disney reports that the total number of paying members, including Disney +, ESPN Plus, and Hulu, has reached 235.7 million, surpassing Netflix's 223 million.
In addition to Disney +, Disney also operates video streaming services such as Hulu and ESPN Plus. According to Disney's Chief Financial Officer Christine McCarthy, 40% of Disney+ subscribers subscribe to a paid plan that allows them to watch Hulu and ESPN Plus together.
From December 8, 2022, Disney plans to release a 'cheap plan with advertisements' for $ 7.99 per month (about 1160 yen) on Disney +. Along with this, Disney + without advertisement will be raised from $ 7.99 to $ 10.99 (about 1600 yen), Hulu without advertisement will be raised from $ 12.99 (about 1890 yen) to $ 14.99 (about 2180 yen). Disney offers a plan that allows you to watch Disney + / Hulu / ESPN Plus with ads for $ 14.99 per month, and a plan that allows you to watch Disney + / Hulu / ESPN Plus without ads for $ 19.99 (about 2900 yen) per month. A plan that allows you to watch Disney +, Hulu, and ESPN Plus all at once ``will be more and more attractive pricing for users,'' McCarthy explains.
Disney's CEO Chapek said, ``Disney has secured more than 100 advertisers so far,'' and is quite optimistic that streaming services will continue to grow even after the official release of the plan with advertisements on Disney +. is assumed to be
Related Posts:
in Web Service, Posted by logu_ii