Disney+ lost 2.4 million subscribers in the last three months of 2022, the streaming service’s first drop since it launched in November 2019.
The average monthly revenue per paid subscriber for domestic Disney+ decreased from $6.10 to $5.95, driven by a higher mix of subscribers to multi-product offerings, partially offset by an increase in retail pricing, according to Disney’s report. Last week, it was reported that the Walt Disney Company is exploring selling some films and TV shows to rival media outlets so they can earn more money from their giant content library.
“Encanto” on Disney+ topped Nielsen’s list of streaming movies last year. Check out our list of everything new coming to Disney+ this year.
According to Deadline, there was a 3.8 million subscriber drop for Disney+ Hotstar (India and parts of Southeast Asia) alone, while Disney+, Hulu, and ESPN+ gained subscribers in the U.S. and Canada.
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