The company will roll out tactics to mitigate password sharing in 2024. While Iger said Disney should see some effects from the rollout in 2024, the initiatives to prevent password sharing won’t be completed next year.

  • BeigeAgenda@lemmy.ca
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    1 year ago

    You talk about one division of Disney and I talk about the whole company.

    I am absolutely sure The Walt Disney Company knows exactly what they are doing with their streaming division and they have planned with that loss from day one, and I guess their plan is: “Spend X to get a user base of size Y”, that’s why I don’t have any sympathy for them.

    Disney don’t have any financial problems:

    Operating income US$12.121 billion (2022) Net income US$3.145 billion (2022)

    If their streaming service is losing a billion/yr for some years it’s no big deal.