Disney+ Lost 700,000 Subscribers from October-December
More like Disney Minus, amirite?
Disney+ lost 700,000 subscribers over the final three months of 2024, which is the Walt Disney Company’s first quarter of fiscal year 2025. Not counting Disney+ Hotstar, the cheap Disney+ service in India, Disney+ now has 124.6 million subs.
ESPN+ also lost 700,000 subs in the period. Hulu was the streaming highlight, adding 1.6 million subscribers; it now has 53.6 million. All told, the company’s streaming business was profitable for its third-straight quarter. So it wasn’t all bad — or unexpected.
Disney anticipated the Q1 2025 loss of Disney+ subscribers, and now, it is forecasting another “modest decline” in subs for calendar 2025. It’s a far cry from the 4.4 million subscribers Disney+ added from June through September 2024. Blame price hikes and the expiration of certain promotions.
Wall Street expected Disney would report Q1 earnings per share (Eps) of $1.43 on $24.55 billion in revenue, per a consensus estimate compiled by Yahoo Finance. Disney...
Disney+ lost 700,000 subscribers over the final three months of 2024, which is the Walt Disney Company’s first quarter of fiscal year 2025. Not counting Disney+ Hotstar, the cheap Disney+ service in India, Disney+ now has 124.6 million subs.
ESPN+ also lost 700,000 subs in the period. Hulu was the streaming highlight, adding 1.6 million subscribers; it now has 53.6 million. All told, the company’s streaming business was profitable for its third-straight quarter. So it wasn’t all bad — or unexpected.
Disney anticipated the Q1 2025 loss of Disney+ subscribers, and now, it is forecasting another “modest decline” in subs for calendar 2025. It’s a far cry from the 4.4 million subscribers Disney+ added from June through September 2024. Blame price hikes and the expiration of certain promotions.
Wall Street expected Disney would report Q1 earnings per share (Eps) of $1.43 on $24.55 billion in revenue, per a consensus estimate compiled by Yahoo Finance. Disney...
- 2/5/2025
- by Tony Maglio
- Indiewire Television
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