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Disney beats earnings per share/revenue expectations. -- (link)

Posted by David (aka David) Aug 10 '22, 13:06

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https://twitter.com/CNBCnow/status/1557458108401729537 (twitter.com)

Responses:

What? Impossible! Must be because of theatrical releases. -- nm - zaslav si Aug 10, 13:07 1
- or the tax write downs -- nm - Dano Aug 10, 13:28
Disney raises price on ad-free Disney+ 38% to $10.99 as part of new pricing structure for streaming services -- nm - budice Aug 10, 13:07 1
- Well... omit-bee for life. (It's in D+ in Canada) -- nm - Beryllium Aug 10, 13:08
14.4 million streaming subscribers added to Disney+. -- nm - David Aug 10, 13:07 12
- We (and 3 friends) all got free subscriptions for some reason when renewing our phone plan. -- nm - MDH Aug 10, 13:22
- That's a staggering number of new subscribers for a single quarter. A quarter in which they *lost* Indian Premier League cricket. -- nm - Mop Aug 10, 13:10 9
  - Yeah, like I said a while back, I don't think they'll feel that until the start of 2023 since people mostly bought annual subscriptions. -- nm - David Aug 10, 13:14 8
    - If you look vs last quarter, all the growth is International (6M D+ Intl, 8M Hotstar) -- nm* - budice Aug 10, 13:15 7
      - Domestically the original 3-year D23 2019 promo (3yr for $120) for D+ is set to expire in November. That'll hit subs most likely -- nm - budice Aug 10, 13:17 6
        
        Yup, that's when I'll cancel mine. -- nm - JaxSean Aug 10, 14:06
        
        I'm in that group. I think it is reasonably justified but if ad supported doesn't limit my content at all, I may switch to that since I don't watch a - oblique Aug 10, 13:25 2
        
        I felt that way about Hulu, and now I'm watching a bunch of stuff on Hulu and it's annoying. -- nm - pmb Aug 10, 13:38 1
        
        Yeah, I have ad supported hulu but didn't notice it at all when watching Prey. Definitely more annoying watching a series especially when binging -- nm - oblique Aug 10, 13:43
        
        Yeah, I've mentioned that on the podcast. That's a worrisome date since it impacts as many as 10 million people. - David Aug 10, 13:23 1
        
        Of course, if most of them switch to ad plans, Disney makes even more money than if they just renew at regular. They should actually push those plans! -- nm - Qale As Folk Aug 10, 14:08
- Disney+ increasing from $7.99 to $10.99 for ad-free. Ad tier starts at $7.99 on December 8th. -- nm - David Aug 10, 13:08

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