How can you frick up streaming so badly? Is it that expensive?? it's a near-effortless constant supply of money. I don't believe those 12 million people are all chuds offended by Disney being woke.
>Is it that expensive??
lol, straming is fricking expensive anon, disney uses aws, idk if those prices are applied to big companies, but 1 hour of footage is around 0.20 per user, a disney+ sub will cost 14$, this would cover 70 hours of content streamed, if you see more than that in a month they are losing money, if you use 4k as res, half that time. >but anon 70 hours is a lot in a month
that's basically watching 2 episodes of something a day.
Moreover you have to count the costs for mantaining the site, engineers etc..
Disney has 42m subscribers in the US (counting only them since they are the ones that pay more) and they are lucky to profit 1$ a month from the sub of an user, 40m profit a month, add that you constantly need to produce exclusives and that they blow 200 million for a season, and they basically break even or are at a loss, and well there are taxes too.
There is a reason why we have only youtube
It was probably even more than that. These streaming services were greedy in the same way that "internet of things"/subscription types were (see Juicero's downfall for a case study).
>Disney (DIS) reported fiscal third quarter earnings after the bell on Wednesday that beat expectations after the company revealed its flagship sports network ESPN struck a $2 billion deal with Penn Entertainment (PENN) to launch ESPN Bet, a branded sportsbook. >The majority of the losses came from its Indian brand Disney+ Hotstar, which saw users drop by 24% on a sequential basis. Disney said Hotstar is not financially material to the company due to its lower average revenue per user, or ARPU. Domestic users, which include those in the US and Canada, dropped by 1%.
It's nothing. Boo.
>lose millions of subscribers >solution is to hike their prices by like 30% and make it harder for existing subscribers to watch their shit on different platforms
Why are all of these app companies suddenly acting moronic this past year? It’s like they want to end up exactly like cable.
winning every time on woke issues has given these people the impression they're too big to fail and they're right, the govt would bailout any one of these studios in a heartbeat if it got out that they're all bleeding millions (streaming and box office numbers are all fake btw lol)
This. Tech companies are overwhelmingly inept and have been coasting off low interest rates and subsequent stock market overvaluation. Most of them are going to collapse and even the big ones are gonna have major problems.
Good. Streaming services are going to collapse because the entire appeal of Netflix in the first place was convenience and there's nothing convenient about paying the same amount as a cable bill for 9 different streaming services.
Oh no disney is over, watch their finance sheet, net income is more than the last quarter, buy more stocks it keeps crashing, buy more, they fire the ceo and new ceo says no more woke shit, revenue is almost the same, idiots rebuy my stocks at 1000%, I am millionaire, everything according to the keikaku.
my guess would be that these are all the park visitor subs from last year that now run out.
When you book a stay at Disneyland (and so on) you get 1 year Disney+ for free, but only for a new account.
This heavily inflates the numbers.
Huge decline in the last 3 months you say? So basically the main season for the parks, right?
Last year was the first big year for the parks since covid and for EU it was the 30th birthday for Disneyland.
Seems reasonable that these are all accounts from those bundles which now get canceled.
Good. I just want Star Wars to die.
didneybros..
And then they just raised the price so expect it to only get worse for those morons
SAVE ME BLACKROCKMAN
get woke go broke
I get that shit for free and still don't watch it lol
Same.
same and hbo+ as well
Because they don’t have ESPN on it anymore which you could watch cricket on in India. So a lot of Indians left.
How can you frick up streaming so badly? Is it that expensive?? it's a near-effortless constant supply of money. I don't believe those 12 million people are all chuds offended by Disney being woke.
>Is it that expensive??
lol, straming is fricking expensive anon, disney uses aws, idk if those prices are applied to big companies, but 1 hour of footage is around 0.20 per user, a disney+ sub will cost 14$, this would cover 70 hours of content streamed, if you see more than that in a month they are losing money, if you use 4k as res, half that time.
>but anon 70 hours is a lot in a month
that's basically watching 2 episodes of something a day.
Moreover you have to count the costs for mantaining the site, engineers etc..
Disney has 42m subscribers in the US (counting only them since they are the ones that pay more) and they are lucky to profit 1$ a month from the sub of an user, 40m profit a month, add that you constantly need to produce exclusives and that they blow 200 million for a season, and they basically break even or are at a loss, and well there are taxes too.
There is a reason why we have only youtube
>counting only them since they are the ones that pay more
Europe ain't cheap, dude.
>watching 2 episodes of something a day.
From the same source/service, that is still a lot.
But they just revealed Super Skrull in Secret Invasion! How could this be happening!?
> wojaks irl
grim
it was all because the the Obiwan show.
How many of those are pajeets?
They pay in poo
It was probably even more than that. These streaming services were greedy in the same way that "internet of things"/subscription types were (see Juicero's downfall for a case study).
>Disney (DIS) reported fiscal third quarter earnings after the bell on Wednesday that beat expectations after the company revealed its flagship sports network ESPN struck a $2 billion deal with Penn Entertainment (PENN) to launch ESPN Bet, a branded sportsbook.
>The majority of the losses came from its Indian brand Disney+ Hotstar, which saw users drop by 24% on a sequential basis. Disney said Hotstar is not financially material to the company due to its lower average revenue per user, or ARPU. Domestic users, which include those in the US and Canada, dropped by 1%.
It's nothing. Boo.
Isn't this because it was literally banned in some countries?
No, they lost cricket rights so Indians aren't renewing.
SIRS DO NOT REDEEM THE CRICKET SUBSCRIPTION SIRS
>stock pumps anyways
stock market is fake and gay
Fricking fake! Bull fricking shit! Bullshit.
>biggest ever
>ever
God no, not in the whole three years!
>lose millions of subscribers
>solution is to hike their prices by like 30% and make it harder for existing subscribers to watch their shit on different platforms
Why are all of these app companies suddenly acting moronic this past year? It’s like they want to end up exactly like cable.
>What's that, people are abandoning my business? Time to raise prices
How did this generation of israelites get to be so inept
winning every time on woke issues has given these people the impression they're too big to fail and they're right, the govt would bailout any one of these studios in a heartbeat if it got out that they're all bleeding millions (streaming and box office numbers are all fake btw lol)
free money tap turned off
This. Tech companies are overwhelmingly inept and have been coasting off low interest rates and subsequent stock market overvaluation. Most of them are going to collapse and even the big ones are gonna have major problems.
Because muh inflation was basically signalling to companies that they had a blank cheque to raise prices.
actual subscribers or just Indians again?
This isn't the twitter business board moron
One of those was me
Good. Streaming services are going to collapse because the entire appeal of Netflix in the first place was convenience and there's nothing convenient about paying the same amount as a cable bill for 9 different streaming services.
just fricking license out the content to another service, it's literally free money
Oh no disney is over, watch their finance sheet, net income is more than the last quarter, buy more stocks it keeps crashing, buy more, they fire the ceo and new ceo says no more woke shit, revenue is almost the same, idiots rebuy my stocks at 1000%, I am millionaire, everything according to the keikaku.
This is the tenth time I have seen this strategy.
OP's name: Hymie Sofer
my guess would be that these are all the park visitor subs from last year that now run out.
When you book a stay at Disneyland (and so on) you get 1 year Disney+ for free, but only for a new account.
This heavily inflates the numbers.
Huge decline in the last 3 months you say? So basically the main season for the parks, right?
Last year was the first big year for the parks since covid and for EU it was the 30th birthday for Disneyland.
Seems reasonable that these are all accounts from those bundles which now get canceled.
Brutal, analists projected 7 million subs lost, worst-case. Nobody's watching their slop, anywhere