Disney+ loses 1.3 million subscribers, falls short by $300million in revenue

Disney+ experienced a decline of 1.3 million subscribers in the final quarter of 2023 following a substantial price increase introduced in the fall.

Despite the loss in subscribers, the streaming platform successfully reduced its streaming business losses by $300 million during the October-December period.

Core subscribers, encompassing U.S., Canada, and international users (excluding Disney+ Hotstar in India), decreased from 112.6 million to 111.3 million.