Disney Round Up: Hulu and Disney+ Price Hike, Password Crackdown and Bob Iger on the Strike Again
Disney+ and Hulu price hikes, starting Oct. 12:
- Disney+ Premium (with no ads) will rise to $13.99/month for U.S. customers
- Hulu without ads will jump to $17.99/monthhttps://t.co/HzIcCzWh3f
- Variety (@Variety) August 9, 2023
A third Disney post in one day? I'm done.
Prices for Disney+ and Hulu are going up: $13.99/month and $17.99/month respectively for U.S. customers. Disney is also launching a new premium bundle of ad-free Disney+ and Hulu for $19.99 per month.
The company is also raising the price of ESPN+ from $9.99 per month to $10.99, with the annual plan rising to $109.99.
Hulu gained 300K subscribers while Disney+ lost 300K subscribers in the U.S. and Canada.
More house of mouse news behind each respective cut.
Bob Iger says Disney+ will start cracking down on password-sharing in 2024. https://t.co/PrqbFE4RGC
- TheWrap (@TheWrap) August 9, 2023
“We are actively exploring ways to address account sharing and the best options for paying subscribers to share their accounts with friends and family,” he said. “Later this year, we will begin to update our subscriber agreements with additional terms and our sharing policies. And we will roll out tactics to drive monetization sometime in 2024.”
“We already have the technical capability to monitor much of this, and I’m not gonna give you a specific number except to say it’s significant,” Iger said in response to a question from an analyst, while noting it’s possible that the password-sharing crackdown won’t be completed in 2024. “We certainly have established this as a real priority, and we actually think that there’s an opportunity here to help us grow our business.”
“It is my fervent hope that we quickly find solutions to the issues that have kept us apart these past few months,” said Bob Iger today of the Writers Guild strike on Disney’s earnings call. “And I am personally committed to achieve this result” https://t.co/SiI9GqBcwo
- Deadline Hollywood (@DEADLINE) August 9, 2023
“It is my fervent hope that we quickly find solutions to the issues that have kept us apart these past few months,” Bob Iger said Wednesday on Disney’s Q3 earnings call about the Writers Guild and SAG-AFTRA strike. “And I am personally committed to achieve this result.” Sure, Jan.
The entertainment giant reported adjusted earnings of $1.03 per share on revenue of $22.3 billion https://t.co/VtFNSeOSJV
- TheWrap (@TheWrap) August 9, 2023
Sources: 1 | 2 | 3 | 4