Tech and Two Strikes in Hollywood, Harsh Streaming Realities and a Big Residuals Mess, Iger’s Challenges at Disney
Sharp Tech with Ben Thompson
00:00
Disney Plus Loses 4 Million Subscribers in the Third Quarter
Disney's streaming business is expected to register a loss of about 800 million in the company's just ended third quarter. Management chase streaming subscribers at unsustainably low prices to goose the launch of Disney plus in 2019 and is now seeking to raise prices without alienating customers. The accelerating decline of cable TV has limited Eiger's options.
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