The streaming wars are all about strategy and pricing power and were a major emphasis of The Walt Disney Company’s third-quarter earnings report Wednesday.
Disney+’s long-awaited ad-supported streaming tier will launch Dec. 8 at $7.99 per month, the same price that Disney+ customers are already paying.
In turn, the cost of the premium ad-free tier is rising $3 to $10.99 per month. Hulu is also raising prices with its ad-supported tier increasing $1 to $7.99 per month and its ad-free tier hiking costs by $2 to $14.99 per month.
This way, ad-free Disney+ subscribers can’t cancel for a cheaper alternative. “We continue to transform entertainment as we near our second century, with compelling new storytelling across our many platforms and unique immersive physical experiences that exceed guest expectations, all of which are reflected in our strong operating results this quarter,” Disney CEO Bob Chapek said in a statement.
Read more on thewrap.com
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.