D-Day for Disney – will subscribers surge?
Disney+ Day is finally here, marking two years since the birth of the streaming platform. After reporting slow streaming growth, will this be Disney’s happily ever after?
Disneyland is renowned as the happiest place on earth, but maybe not on wall street.
Disney has reported slow streaming growth in its fiscal fourth-quarter earnings on Wednesday after-the-bell.
It’s probably its laggiest in terms of subscriber growth since Disney Plus launched back in 2019.
The company did reach a total of one hundred and 18 million subscribers, which is in line with its estimates.
CEO Bob Chapek said the segment’s growth had “hit some headwinds” and that Disney expected to add “low single-digit millions” of subs into the fourth quarter.
Now, this really isn’t much of a surprise, back in September, Disney warned of a slowdown in growth due to COVID-19
Is Disney still on track to meet subscriber targets?
Well, Disney certainly thinks so.
During the company’s earnings call, Chapek said the company’s goal of reaching 230 million to 260 million Disney+ subscribers by 2024 is still firm.
“We remain focused on managing our DTC business for the long term, not quarter to quarter,” Chapek said. International expansion and new content are the primary drivers for the company to reach that target, Chapek told CNBC.
Is Disney+ Day D-Day?
Disney plus day falls on November 12th, AKA the birthday of the streaming service.
There is exclusive new trailers, announcements, and discounts, with special appearances from stars and creators too.
Most importantly – a prime opportunity to boost subs.
The company said Quarter 4 will be the first time in Disney plus history that it will release original content throughout the quarter from Disney, Marvel, Star Wars, Pixar, and even Nat Geo.
Unlike Netflix’s Tudum and Warner Bros’ DC Fandome events, Disney Plus Day won’t be available to watch on YouTube or Twitch.
Instead, Disney Plus subscribers will see a live presentation exclusively on Disney Plus, which will reveal more concerning any first look trailers and clips, star appearances and extra content.
Disney+ Day will market some impressive deals for a limited time, with the aim to boost subs.
From now until November 14, Disney is offering a one-month subscription for just $1.99.
Given that it usually costs $7.99 per month, it’s an incredible saving for people who have been thinking of signing up to the service, but unsure if they wanted to add another streaming subscription to the mix.
The company is hoping for promising results come the next earning call.
Priyanka Chopra reveals moment she fell in love with Nick Jonas
Priyanka Chopra has revealed the moment she fell in love with Nick Jonas and why she left Bollywood
Priyanka Chopra has spoken out about her time as a Bollywood star.
Chopra says she left Bollywood for Hollywood because she felt like she was being “pushed into a corner in the industry.”
It’s all in the latest episode of the Armchair Expert podcast.
The actress had a thriving career in India before coming to the U.S. but admits she became tired of the politics and needed a break.
That break came in the form of a music contract with Interscope Records in early 2010.
But, after working with artists like Pitbull and Will.i.Am, Chopra says she realised she was better suited to being an actor.
Then, following a spontaneous meeting with an ABC casting executive, Chopra found herself auditioning for the network’s new spy show, “Quantico.”
The actress, turned singer, turned actress again also opened up about her relationship and eventual marriage with fellow superstar, Nick Jonas.
Chopra revealing the moment she fell in love.
Prince Harry accuses royal family of avoiding phone hacking scandal
The Prince delivered a high-profile privacy claim, along with other celebrities
Prince Harry is accusing the royals of hiding phone hacking from him
Prince Harry believes his family is withholding information about phone hacking from him to avoid sitting in the witness box.
He appeared at a London court with pop superstar Elton John to deliver a high-profile privacy claim launched by celebrities and other figures against Daily Mail’s publisher.
In a witness statement, The Duke of Sussex says: “The Institution made it clear that we did not need to know anything about phone hacking and it was made clear to me that the Royal Family did not sit in the witness box because that could open up a can of worms.”
He went on to say the Royal Family’s “strict no comment policy” meant that “even the worst or most suspicious articles were often never brought to my attention”.
Man suing Gwyneth Paltrow over ski accident takes to stand
Terry Sanderson has detailed the collision he suffered
The man suing Hollywood superstar Gwyneth Paltrow over a ski accident has taken to the stand.
While testifying, 76-year-old Terry Sanderson recounted what he says was a “blood-curdling scream” just moments before the collision occurred.
Sanderson says it sounded like someone was “out of control”.
Sanderson accuses Paltrow of the 2016 crash and is seeking damages of $300,000.
The actress is denying any responsibility and is now countersuing for $1 and her legal costs.
This comes as a ski instructor told the jury the actress was not a reckless skier at the time.
Paltrow says the incident in Utah, left her with a sore knee and she got a massage afterwards.
Sanderson has also told the court he suffered physical, mental and emotional injuries as a result.
He says these medical issues have changed his relationships with his children, as well as contributing to his split from his partner and losing friends.
The trial continues.
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