food IS a theme park
It seems the world can’t get enough of Taylor Swift — including Disney!
©TIME
During the company’s first-quarter earnings call of 2024, it was revealed that the movie version of Taylor’s Eras Tour concert will be exclusively streaming on Disney+. But, with such exclusivity comes a hefty price tag — and you won’t believe just how much Disney paid for it!
Over the past year, we’ve seen a lot of changes happening with Disney+.
©Disney
In an effort to make streaming more profitable, Disney has not only raised the price of the streaming subscription service, but it’s also started to integrate Hulu, one of Disney’s OTHER streaming services, into the app. Disney also recently began to crack down on account sharing, and now the Disney+ subscriber agreement reflects that update.
We’ve recently learned even more about Disney’s BIG plans for its streaming services.
©Disney
First, the company has teamed up with Warner Bros. Discovery to bring ESPN, Fox, and Warner Bros. Discovery sports coverage into one streaming service. And although Disney+ seems to have lost some subscribers, its average monthly revenue per paid subscriber increased by 9% domestically. Overall, the company seems to be very confident about one of its major goals (and CEO Bob Iger’s #1 priority): to have streaming become profitable in 2024 (yep, this year).
Disney recently held its Q1 2024 earnings call this week, and we got some pretty big announcements.
ESPN feature at CES 2024
First, we learned how the Disney Parks were doing financially. We also learned about how Disney’s streaming services were doing. Disney also announced a new alliance with Fox and Warner Bros. for a brand-new sports streaming service. Well, one cable group is now calling for the Justice Department to review that alliance and service.
Everyone’s favorite family of Blue Heelers is at it again!
©Bluey.tv
However, it isn’t in the way you may be thinking. Bluey is a beloved show by everyone who watches it — and recently, a specific episode has been getting some more attention than all the rest! But which episode… and why? [Read more…]
Disney CEO Bob Iger has shared that improving streaming at Disney was his number one priority, and we’ve seen significant changes since his return.
©Disney
But, just how close is Iger to achieving his goal of making streaming profitable? We learned quite a bit during Disney’s most recent earnings call — including the not-so-great news that Disney+ had lost 1.3 million core subscribers over the last quarter. And yet, Iger doesn’t seem to be worried at all — here’s why.
Disney is working on a NEW streaming service and some big details have been released.
©ESPN
Disney has quarterly earnings calls each year, and in them, they discuss how the company has been performing and what their goals are for the year/the upcoming quarter. They also often give updates on what’s next. In the company’s 2023 Q4 earnings call, they shared that they had massive plans for ESPN, and now we’re starting to see that those plans are taking shape!
Okay, Swifties, we just got some BIG news from Disney.
©Disney
Okay, so we’ve seen a lot of support for Taylor Swift in Disney World, with a variety of Taylor Swift-themed snacks. We’ve also speculated about whether we might see Taylor Swift in Disneyland soon. We’ve even spotted some Taylor and Travis Kelce hype in EPCOT recently. Well, we’ve got a big reason to celebrate even more Swiftness (is that a thing? we’ll say it is) because Disney just made a HUGE T-Swift announcement: The Eras Tour movie is coming EXCLUSIVELY to Disney+.
Disney CEO Bob Iger has many things he’s got to tackle before his time at Disney is up, but one thing in particular has been a huge focus for him — making streaming profitable.
©Disney
Iger previously indicated that improving streaming at Disney was his number one priority (though, since that time he has identified 4 big priorities at Disney — one of which is “achieving significant profit streaming”). So how is Iger coming along with that goal? Are things improving when it comes to Disney+ numbers or is there danger brewing in the Mouse House? Let’s find out.
For a while now, we’ve been waiting for Disney to make a big business move.
ESPN Wide World of Sports
Disney’s had some problems with streaming over the past few years, but particularly with ESPN+. The service hasn’t been as successful as it could be, even though there’s a high demand for sports entertainment. But now, Disney finally seems to have the solution — and it involves some other major players.
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