>During their latest conference call, Christine M. McCarthy Disney’s Senior Executive Vice President and Chief Financial Officer delivered the actual performance metrics, as transcribed by The Motley Fool.
>“As we announced on April 8, during the third quarter, we exceeded 15 million Disney+ paid subscribers. …… As of May 4th, we estimate we had approximately 54.5 million Disney+ subscribers reflecting a subscriber mix generally similar to our mix at April 8.” Christine McCarthy
>“Disney+ launched in a number of European markets during the quarter, which contributed to a total paid subscriber base of $33.5 million at the end of the quarter.” Christine McCarthy Of the 54.5million subscribers, only 15 million are actively paying for Disney Plus. Meaning 39.5 million are not.
>If that doesn’t sound profitable to you, that would be because it isn’t. It’s costing the company billions per quarter.
>“Results at our direct to consumer businesses had an adverse impact on the year-over-year change in segment operating income of about $500 million which came in a little better than the guidance we provided last quarter. We expect our Direct-to-Consumer & International segment to generate about $1.1 billion in operating losses for the third quarter….” -Christine McCarthy
>Despite the company now effectively operating off debt, that they would continue the development of shows that further dilute the value of the Star Wars brand while censoring shows on Disney Plus is flat out insane. No one is going to want to adopt a platform that continues to struggle to deliver content, and even when it does with the quality of the content. How long Disney plans to keep pumping billions per quarter into this operation is a mystery, but investors are unlikely to tolerate net losses and poor growth for long.
Well theyre probably getting it in other ways. Verizon has to be paying the tab if theyre are offering it as a bait to have people sign up.
Jeremiah Powell
I genuinely don't know what they were expecting.
Robert Edwards
How come it's not doing good? Also can someone please do a Filmore and Kim Possible HD rip before it goes down?
Asher Moore
This isn't news, Disney+ wasn't projected to turn a profit for at least the first five years. What they didn't see coming was a global pandemic shutting down their parks and theatrical movies.
Ryan Long
See They were expecting it not to turn a profit right away.
Jace Gray
People said the same thing about the WWE Network and look at it now No seriously, look at it now.
Wyatt Williams
>Of the 54.5 million subscribers, only 15 million are actively paying for Disney Plus. Meaning 39.5 million are not. Yes, that's because the rest are getting it via deals carriers of cable and tv make as leverage to subscribe. You think Disney is getting $0 for that and just giving out for free? Hell no. The carriers paid a deal to Disney that covers partial if not the full amount of the subscription price so they can use it to get customers to buy more expensive products on their own. So Disney is getting the money from those 39.5 million subscribers, they just aren't paying it directly Sorry OneAngryGamer but you're not understanding the full extent of this
Isaac Martinez
Source? The link is dead. Disney will have no problem running D+ at a loss for awhile so long as they secure a decent long term market segment. The 39m using it for free now can be easily considered a marketing spend. Operating on debt is no problem either since money is essentially free to borrow with current fed rates.
>Of the 54.5million subscribers, only 15 million are actively paying for Disney Plus. Meaning 39.5 million are not. How?
Luke Clark
Verizon probably paid an upfront fee like probably 5 million or some shit.
Evan Gonzalez
they've been censoring their fims and series so I refuse to pay
I'm betting the filmore version on disney+ doesn't even have the pokémon reference anymore, bob iger wouldn't want to risk having to pay royalties to nintendo after all
Austin Taylor
>One Angry Gamer
This thread is shit so I'm gonna dump random SFW shit I downloaded off of Deviantart
So... you're basically imagining scenarios in which you are offended?
Ayden Peterson
They joined the bandwagon late of companies chasing the Netflix model. Nobody in their right mind is going to keep multiple streaming service subscriptions open monthly.
Isaiah Bennett
After I found out they censored (well, edited) fucking Goofy Movie because Max grabs a tit and his nose gets too close to Roxanne's bust, I didn't even bother subscribing. How fucking insane do you have to be to think a cartoon about Goofy needs censoring?
Ian Ross
>Have Disney+ >Oh man, check out the Mandalorian! >I really don't want to get Disney+ for one show. >Here have my password to my account
Oliver Phillips
I just hate how there was almost no new content in this shit, why even release it so soon? Their short lived hype was due to Mandalorian, the moment it ended there was nothing else to discuss.
Adam Green
Come to think of it, isn't Disney still licking it's wounds from the Fox buyout?
Ayden Reed
Depressing. LIke I understand trying to reduce the risk of social media flip outs over shit that is not considered PC now, but was anyone really gonna complain about fucking goofy movie? Even today?
Gabriel Fisher
>Of the 54.5million subscribers, only 15 million are actively paying for Disney Plus. Meaning 39.5 million are not.
Holy fuck, is Vince McMahon also in charge of Disney?
Blake Morris
it's a garbage product with censored versions of 60 year old cartoons
They'll never release song of the south or nazi donald
Disney is so dumb. They literally have the whole movie library of Fox and Disney. But Disney Plus is only the Disney cartoons, Marvel, Star Wars and all that awful Disney channel original movies.
Sebastian Rodriguez
I was gonna say, I've heard nothing new about D+ since the Mandalorian. That's what's gonna kill the streaming service, because there's nothing new being added. People only watch the old stuff when they feel nostalgic or have brats.
Add on that with censorship of said old films and shitty remakes, there's no reason to spend money on D+
Jayden Perry
They are adding 500 marvel series you will hear about it
Isaiah Bailey
yeah because the marvel series on netflix did so well
Cameron Cruz
Reminder Star Was has always been shit and Michael Bay tier
Camden Phillips
>but was anyone really gonna complain about fucking goofy movie? Even today? If the wrong person on Twitter noticed it and had the power to start a storm, yes. Chances of that were incredibly low, though.
Charles Lee
>OAG That isn't a reliable source at all, at least you archived.
Connor Green
They did though Sorry but Star Wars is shit and you hating sjws isn't killing off Disney
Grayson Walker
You mean capeshit nobody will actually care about now that Endgame came and went? Capeshit is done.
Levi Morales
really is, watched it for the first time as an adult and it's not impressive at all
Julian Young
Why the fuck was House Of Mouse not on D+ on day one? It was great to have the Lilo & Stitch series since Disney gives it no attention outside of Japan, but for me that was about it.
They did great until the shitshow of Defenders killed the hype. And these ones are using movie characters and leading directly into anticipated sequels.
Joshua Wood
What are they censoring
Asher Myers
they made it a goal to have most of the company roles filled by women and especially women of color. Next thing you know the company is hemorrhaging money.
Aaron Campbell
You didn't even notice Max's hand was on that fat woman's tit unless you paused at a certain time, and no one paid that much attention to the Roxanne scene to think "Oh his nose is between her tits."
Brody Adams
>they did great uh huh did netflix release any official numbers or did they just claim that the marvel shows did great. nobody watched that shit. maybe just jessica jones and the black guy because they're a woman and a black guy.
Asher Richardson
People have been saying this with every movie since Avengers.
Ethan Hernandez
>One Angry Gamer Call me back when he has more of an argument than "women, therefore ruined"
Nathaniel Morales
they made money remaking old european fairy tales or bible stories, then remaking old comics, there's no one who's originally from that company since walt himself that has a lick of individual creativity about them. now they're running out of source material, and are throwing money around in a panic hoping desperately something will stick,
Aaron Bailey
They did actually, the only reason Netflix pulled the plug is because Disney wouldn't give them any additional licenses because of Disney+ development.
Hudson King
Some of the animated films have been great lately.
Hunter Torres
Yes this truly has to do with how many people watch MCU stuff Great argument OneAngryGamer
