Main Topic: Disney is raising prices on its streaming services, including Disney+ and Hulu, in order to increase profitability.
Key Points:
1. Disney+ will increase its price to $13.99 per month for the commercial-free option, a 27% increase.
2. Hulu without ads will see a 20% price hike to $17.99 per month.
3. Disney believes its content library can compete with services like Netflix and Warner Bros. Discovery's Max, and is steering users towards its ad-supported services.
Main topic: Disney announces price hike for Disney+ and Hulu, introduces bundle option and plans to address account sharing.
Key points:
1. Disney+ premium tier and Hulu ad-free plan will be raised by $3, with Disney+ costing $13.99 and Hulu costing $17.99 per month.
2. A new Duo Premium subscription will be available for $19.99, bundling both ad-free tiers of Disney+ and Hulu.
3. Disney plans to launch the $8 ad-supported tier in Europe and Canada in November and will address account sharing by implementing new policies in 2024.
Amazon Prime Video will introduce ads and a higher-priced ad-free tier in 2024, following a slowdown in subscriber growth since the pandemic and following in the footsteps of streaming rivals Netflix and Walt Disney.
Netflix reported a surge in third quarter subscriber numbers and announced price increases in the US, UK, and France, leading to a rise in its stock price; despite adding nearly 9 million new subscribers, the company was unable to boost average revenue per membership.
Netflix has increased subscription prices for some of its streaming plans in the United States, Britain, and France, resulting in a surge in customer expectations and a 13% jump in its shares, with the company attributing the growth to crackdowns on password-sharing and new programming.
Netflix is raising prices for some of its subscription plans, confident in its ability to draw in new subscribers and relying on a mix of original hits and licensed content to keep audiences engaged.
Netflix is raising prices for some of its customers as it continues to see strong subscriber growth and attributes its success to its programming and crackdown on password sharing.
Netflix surpassed analyst projections by gaining nearly 8.8 million subscribers during the summer, with its crackdown on password sharing converting freeloaders into paying customers, leading to a stock price increase of over 12%.
Netflix reported strong Q3 earnings, adding 9 million subscribers and increasing revenue, but also announced price hikes for some plans in the US, UK, and France to differentiate ad-free plans from entry-level ad supported plan.
Netflix is raising its prices in the United States, with the basic tier now costing $11.99 and the premium tier reaching $22.99, marking the first time a plan has gone above the $20 mark, while other major streaming services like Disney+, Hulu, Amazon Prime, Max, Apple TV+, Paramount+, and Peacock have also made changes to their pricing.
Netflix raised prices for its premium and basic tiers, added 8.8 million new subscribers, and plans to shift audiences to an ad-tier as part of its quarterly financial results, while T-Mobile is speculated to be interested in buying Frontier Communications to boost its fiber and 5G coverage, T-Mobile's forced migration program for legacy phone plans has been delayed, AT&T gained 25,000 customers for its 5G home internet service, and Amazon's Project Kuiper could potentially pressure cable companies by introducing more competition in the broadband market.
Apple has announced price increases for its services, including Apple TV+, Apple Arcade, and Apple News+, as well as the Apple One bundles, with prices going up in most countries.
Apple TV has raised the price of its premium subscription by $3, following in the footsteps of other streaming services like Netflix and Disney+ that have also increased their monthly rates.
