The Walt Disney Company reminded consumers who are subscribed to Disney+ that the service will begin increasing its monthly price soon.
The company issued an email that the price hike will take place on Oct. 12, raising the price of the streaming service's premium plan to $13.99 per month. Currently, Disney+'s monthly fee for its premium plan is $10.99, or $109.99 per year.The platform's ad-supported plan will be unaffected by this price hike, and it will keep its current price of $7.99 per month.
Disney announced the price hike in August, leading to almost 8 million people unsubscribing from the platform in the company's last quarter. There were 146.1 million total Disney+ subscribers, according to the company's third quarter report, which was a 7.4% decrease from the quarter before. The company has undergone multiple financial woes over the past few months, with two of its most recent movies, Haunted Mansion and Indiana Jones and the Dial of Destiny, greatly underperforming at the box office. Its two theme parks in the United States, Disney World in Florida and Disneyland in California, have both reported declining attendance over the past few months.Gov.
In February, Disney announced it would lay off 7,000 of its employees in a $5.5 billion effort in cost savings, which represented roughly 3% of Disney's 220,000 global employees.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Parents livid over Disney’s decision to get rid of Disney Junior in Charter dealParents — who depend on Disney Junior favorites like “Bluey” and “Mickey Mouse Clubhouse” to entertain their kids — were left fuming.
Les mer »
Disney-Charter Deal: Wall Street Dissects Wins, Losses and Impact on Disney+, ESPN and Pay TVOne analyst forecast 'an immediate boost' for the Disney+ ad tier, but also 'some cannibalization,' while another says Disney 'will re-evaluate' several networks not covered by the pact.
Les mer »
‘Rogers: The Musical’ Cast Album Out Friday: ExclusiveDisney & Marvel’s stage show about Captain America premiered in June at Disney California Adventure Park.
Les mer »
Disney and Charter Strike Deal: Spectrum Blackout Ends in Time for Monday Night FootballSpectrum TV went dark for subscribers while Disney and Charter struggled to come to a financial agreement.
Les mer »
'Disney Doesn't Want Me': Original Miss Piggy Performer On Why He Hasn't Returned To The MuppetsFormer Miss Piggy puppeteer slams Disney.
Les mer »
'Monday Night Football' Is Back As Disney and Spectrum Ink A DealNine channels, including Freeform, have left the lineup.
Les mer »