Disney figured it out: You can make money in streaming if you charge more.
– Disney
Disney's streaming services, including Hulu and Disney Plus, turned a profit for the first time, marking a shift from previous losses.
– Profit Milestone
Initially emulating Netflix's spending model, Disney now emphasizes profitability amid changing market expectations and higher subscription fees.
– Strategy Evolution
Disney attributes streaming profitability to higher subscription prices alongside its strong content offerings, signaling continued price hikes in the future.
– Revenue Boost