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by aCoreyJ 903 days ago
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.
3 comments

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 :)

Disney also has Hulu and ESPN+.

(They rolled up Hulu after acquiring a majority share with the purchase of Fox)

Oh, interesting. I'm surprised they haven't merged them / moved people over / shut down Hulu.
Hulu is the touchstone service — it’s the more edgy and diverse content.

https://en.wikipedia.org/wiki/Touchstone_Pictures?wprov=sfti...

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.

They have stake in Hulu, other partner is Comcast. So Disney can't just shut it down on their own.
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-cavana...

To some extent, Disney are using it as their adult oriented streaming service in the US.

I'm confused about your numbers.

Disney+ apparently has 150 million subscribers.

To downvoters: it's from the Wikipedia page...
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+
Netflix isn't profitable if you reject that their production have long term value. Or did that change?