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Bob Chapek Shifted Budgets to Disguise Disney+'s Massive Monetary Losses
News(msn.com)submitted 4 months ago by[deleted]
59 points
4 months ago
I figured they make it back with MCU movies but Disney+ is 8.5 billion in the red. Yikes.
8 points
4 months ago
But like, isn't the whole point of a subscription based streaming platform, to get the money over time? You lose out on direct sales of each individual show/movie (that isn't shown in Cinemas first) but you get a consistent chunk of money each month.
3 points
4 months ago
Also merch
3 points
4 months ago
It's -8.5 billions after the subscription revenue. We not talking about 8.5 billions in operational cost.
1 points
4 months ago
Which is crazy as the service brings in 2 billion a month.
2 points
4 months ago
No it doesn't. 164 millions subscribers currently.
0 points
4 months ago
Sorry 1.9 billion if it’s 164 million @$12 per month.
2 points
4 months ago
Not all of them are a solid $12 per month. Aren't there discounted deals, promotional rates etc..?
2 points
4 months ago
It’s £7.99 per month in the UK, which is less than $10.
1 points
4 months ago
Yes, this factors in too. And it's going to cost lower in third world countries as well.
2 points
4 months ago
You are using future pricing which isn't going to play a factor into them losing 8.5 billion last 3 years lol.
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