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DISNEY+ Finances Looking BAD According to Data Hack
A recent Disney hack has revealed financial information that shows the company is generating very little revenue per each subscriber on the Disney+ platform.
Since Disney+ launched the company has been operating at a loss with only recently reporting some profit, with a few caveats. However, with this recent news it would seem the revenue generated per subscriber is not substantial, even with additional ad revenue on the Disney+ ad supported tier. This explains why Disney has been hiking the prices for the various tiers which is only a band aid. If Disney continues to hike prices to make up for the loses the customer base will eventually drop off.
Sources:
►That Park Place:
Leaked Disney Plus Financial Data Reveals Troubling Statistics on Revenues Per Subscriber
https://thatparkplace.com/leaked-disney-plus-financial-data-reveals-troubling-statistics-on-revenues-per-subscriber/
#Disney #DisneyPlus #Hulu
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