On Disney’s last quarterly earnings call Aug. 9, CEO Bob Iger waited until the end of his opening remarks to drop the hammer: His company’s streaming business was introducing price increases. Big ones. The monthly cost of the Disney+ and Hulu ad-free tiers would be rising by nearly 30 percent, or $3.
For a company desperately trying to turn its money-losing streaming business…
This story from hollywoodreporter.com was posted on 2023-08-23 by @arcticc.