Disney lost 4 million streaming service subscribers in fiscal second quarter

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In the second quarter of 2023, compared to the first quarter, the number of Disney+ subscribers decreased from 161.8 million to 157.8 million. In this respect Wrote “Interfax” in reference to the company’s message.

The decrease in subscriber numbers was mainly due to the Disney+Hotstar segment, which focused on India. The company’s average monthly revenue per user in this segment was 59 cents, up from 74 cents a year ago. It also increased from $3.93 to $4.44 for Disney+ overall.

Disney shares fell 4.8% in additional trading on May 10.

Disney+ is a service that distributes movies and series produced by Walt Disney Studios and Walt Disney Television, and is also the exclusive platform of brands such as Disney, Pixar, Marvel, Star Wars in some countries. Disney+ also streams original movies and TV series.

Previously reportedThat Disney movies will be removed from Russian video services. Some films of the film company are no longer available in online cinemas of the Russian Federation, knowledgeable DTF. According to the portal, all episodes of Star Wars are no longer available on the services anymore. Gone are the Lion King, all the Pirates of the Caribbean movies, cartoons like Cars, Zootopia, Frozen, Spirit, WALL E, and Toy Story.

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