Disney Has Lost More Disney Plus Subscribers According to the 2023 Q3 Earnings Report

So far, we’ve learned from the Disney Q3 Earnings report that Disney+ has lost 1% of subscribers from the previous quarter. At the end of Quarter three, there were 146.1 million, down more than 11 million from the last quarter. Disney+ non-India subscribers grew from 104.9 million in the previous quarter to 105.7 million.

Disney+Hotstar in India also noticed a decrease. They went from 52.9 million to 40.4 million subscribers. In more positive news, Hulu grew from 48.2 million to 48.3 million. The average revenue per subscriber at Disney+ has increased by 2% in the quarter from $7.14 to $7.31 due to higher advertising revenue on their ad tier. As we continue on the plus news, EPSN+ revenue per subscriber decreased from $5.64 to $5.45 due to lower advertising.

Profit at linear networks, which Bob Iger has said is no longer core to disney, is down by 23% compared to last year.

What are your thoughts on Disney+ and other streaming services?

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