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re: Anybody else think Disney Stock hits low 70's on Wed??
Posted on 8/9/23 at 1:21 pm to Atttaboy
Posted on 8/9/23 at 1:21 pm to Atttaboy
quote:
But, instead of charging a premium for their brand/content, they made the subscription price so low (to compete with the others) that all they did was chase subscribers.
Problem is that if they charge more - they would not get subscriptions.
I have Disney + but only because it is so cheap and my kids like to watch the good Disney Channel shows they watched growing up 15 years ago.
If they double the price - we would cancel.
1
Posted on 8/10/23 at 9:32 am to SECdragonmaster
FYI - It looks like Iger just announced that they’ll be increasing prices on Disney+ again to be double the subscription price during the launch.
He’s got to know that he’ll lose subscribers, so he’s betting on being in the more profitable side of the supply/demand curve and hoping that their content has stickier and more loyal customers than the other streamers.
I don’t think he has that many great choices to try to reach profitability, so he’s taking a shot.
He’s got to know that he’ll lose subscribers, so he’s betting on being in the more profitable side of the supply/demand curve and hoping that their content has stickier and more loyal customers than the other streamers.
I don’t think he has that many great choices to try to reach profitability, so he’s taking a shot.
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