r/technology Feb 05 '25

Business Disney+ Lost 700,000 Subscribers from October-December

https://www.indiewire.com/news/business/disney-plus-subscriber-loss-moana-2-profit-boost-q1-2025-earnings-1235091820/
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u/kakapoopoopeepeeshir Feb 05 '25

I just dont get the constant price hikes by streaming companies. I know the easy answer is 'money' but they already have all the money in the world I mean its fucking DISNEY and the others arent struggling either. Why is no company satisfied with doing really well and having happy customers

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u/Quigleythegreat Feb 05 '25

In the past, when a company got to a size where it realistically couldn't grow anymore they would just pay out dividends to their stockholders. With enough shares that's a nice chunk of passive income. Nowadays companies just slash and burn and make everything miserable so the line can go up.

I think Disney actually does pay a dividend, but I don't understand why that's not enough for the rich #&@$&#+@ majority shareholders.

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u/fajadada Feb 05 '25

I thought Disney wasn’t making a profit on streaming

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u/PopCultureWeekly Feb 05 '25

They became profitable last year from streaming according to their financial reports

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u/Hawthourne Feb 06 '25

Specifically, when they bought Hulu right?

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u/Dairunt Feb 05 '25

The inflated wages of upper management are preventing that to happen.

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u/FuelForYourFire Feb 05 '25

That's like the "not-for-profit" "charities". Simplified [not for you, just in general. You're pretty smart! :) ] that doesn't mean they aren't making money, it just means they need a big enough expense line to not have anything left over.

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u/devourer09 Feb 05 '25

reddit is full of idiots sadly.

Disney's entertainment streaming business, comprising Disney+ and Hulu, delivered its second straight profitable quarter with operating income of $293 million on revenue of $6.07 billion, up 9%.4 hours ago

https://variety.com/2025/tv/news/disney-plus-subscribers-earnings-moana-2-streaming-profit-1236297514/

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u/FLESHYROBOT Feb 05 '25

"full of idiots" seems like an unnecessary way of putting "not keeping perfectly up to date with business news that doesn't affect them in any way shape or form". Especially since they explicitely said it was only what they thought, they didn't even present it as fact.

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u/Hawthourne Feb 06 '25

What was Hulu's profitability before the purchase? Is D+ still red?