Disney Passes Netflix In Total Streaming Subscribers

August 10, 2022 Business, Television

Deadline Hollywood reports:

Walt Disney’s total DTC subscribers all in totaled 221.1 million for the company’s fiscal third quarter ended in June. That was a big beat for Disney+ and its parent, and also marked the first time anyone has passed Netflix in total streaming subs.

Netflix reported 220.67 million total global subs, after losing almost 1 million for the three months. Disney’s numbers include Disney+ (152M), ESPN+ (22.8M) and Hulu total, including Live TV, at (46.2M).

Disney is up nearly 5% and Netflix is flat in after-market trading. Disney announced its quarterly numbers just after market close.

Axios reports:

Disney also announced a new pricing structure to support its new ad-supported tier, which is slated to debut in the U.S. on December 8th. Moving forward, Disney+ without ads will cost $10.99, up from $7.99 monthly and Disney+ with ads will cost $7.99 monthly.

The price of Hulu’s subscription without ads will also rise from $12.99 to $14.99, beginning October 10th. Hulu with ads will increase from $6.99 to $7.99. Disney already introduced a price increase for ESPN+ last month.

The cultist boycott is going GREAT.



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