Disney+ Loses 1.3 Million Subscribers , Following Price Hike.<br />Disney+ lost a significant amount <br />of subscribers in the last quarter <br />of 2023, 'Variety' reports. .<br />A price hike that was implemented <br />last fall was largely to blame. .<br />Disney+ Premium went from <br />$10.99 per month to $13.99 per month.<br />Hulu without ads went from <br />$14.99 per month to $17.99 per month. .<br />ESPN+ is now $10.99 per month <br />instead of $9.99 per month. .<br />Despite dropping subscribers, the company was able to narrow losses by $300 million during that time, 'Variety' reports. .<br />Disney says that its streaming business is on track to be profitable and "to meet or exceed our $7.5 billion annualized savings target by the end of fiscal 2024.".<br />Just one year ago, we outlined an ambitious <br />plan to return The Walt Disney Company <br />to a period of sustained growth and <br />shareholder value creation. , Disney CEO Bob Iger, via letter to shareholders.<br />Our strong performance this past quarter <br />demonstrates we have turned the corner <br />and entered a new era for our company, , Disney CEO Bob Iger, via letter to shareholders.<br />... focused on fortifying ESPN for <br />the future, building streaming into a <br />profitable growth business, reinvigorating <br />our film studios, and turbocharging <br />growth in our parks and experiences, Disney CEO Bob Iger, via letter to shareholders.<br />... focused on fortifying ESPN for <br />the future, building streaming into a <br />profitable growth business, reinvigorating <br />our film studios, and turbocharging <br />growth in our parks and experiences, Disney CEO Bob Iger, via letter to shareholders.<br />... focused on fortifying ESPN for <br />the future, building streaming into a <br />profitable growth business, reinvigorating <br />our film studios, and turbocharging <br />growth in our parks and experiences, Disney CEO Bob Iger, via letter to shareholders
