Disney Grooming Syndicate is facing a “wave of subscriber cancellations” due to Disney+ price increases. newsweek report.
The outlet cites the following examples:
The beleaguered company appears to be dealing with a potential public relations nightmare in the UK where the cost of an annual Disney+ subscription could send sticker shock to some subscribers, then be canceled entirely. is.
User X (formerly Twitter) @mellyfratelli from the UK shared a screenshot of an email she received from Disney. She said that from March 30, 2024, her premium subscription fee would increase to $139.50 (£109.90) a year.
She also shared a screenshot of her bank statement. It said she paid $63.45 (£49.99) for an annual premium subscription to Disney+ in 2020. She cost $76.15 (£59.99) in 2021 and $101.40 (£79.90) in 2022.
“Goodbye Disney+, you must be crazy,” she captioned the post, which went viral. As of this writing, it has been viewed over 4.3 million times.
When Disney executives saw that “4.3 million” number, they must have been so horrified that they dropped their baby catalog.
another tweeter I have written“It’s absolutely outrageous that the price of Disney Plus has more than doubled in four years…” [I]Only the quality of content being released on the platform seemed to make the price worth it. ”
if you can…
Of course, this comes after a disastrous year for Disney at the box office, in addition to losing 1.3 million subscribers.
We’re sure you’ll love it!
This is one of the main reasons why Hollywood had to jump in and join the streaming world.
You see, under the old cable/satellite TV system, there wasn’t much you or I could do about price gouging. One cable provider might take advantage of temporary discounts to make it a little cheaper than another, but you’ve either paid too much or lost all access to all your TV. Cable TV is, and always has been, a take-it-or-leave-it proposition. And that was intentional. Cable/satellite TV is a monopoly that forces you to pay for dozens of channels you’ll never watch, including the Disney Channel, which is watched in your basement.
Streaming has fundamentally changed the way we watch TV. Streaming isn’t an all-or-nothing proposition. You can cancel Disney+ and subscribe to Netflix. Then cancel Netflix and try Paramount+. It’s called churn, and Hollywood hates churn. Hollywood hates giving customers choices. Hollywood hates having to survive on merit. Hollywood loved the socialism of cable TV, where everyone was forced to pay for everyone else’s channel. Because merit didn’t matter under that system. No matter how bad the content was, we had to pay for it.
Streaming is performance-based. We have to actually want Disney to pay for their content. That’s why Disney is losing billions of dollars with its lousy streaming service. On the other hand, they used to make billions on lousy cable channels, even if no one was watching them.
Disney+ continues to be canceled in the US.
Please do it for the children.
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