Disney CEO Said More Than 50% Of Q4 New U. S. Subscribers Chose An Ad Supported Disney+ Product - Conf Call
Portfolio Pulse from Charles Gross
Disney CEO announced that over 50% of new U.S. subscribers in Q4 chose an ad-supported Disney+ product. This indicates a strong consumer preference for ad-supported streaming services.
November 08, 2023 | 9:46 pm
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POSITIVE IMPACT
Disney's ad-supported Disney+ product was chosen by over 50% of new U.S. subscribers in Q4. This could potentially increase ad revenue and positively impact Disney's stock.
The preference for ad-supported Disney+ products by over half of new U.S. subscribers in Q4 indicates a potential increase in ad revenue for Disney. This could positively impact Disney's stock as increased revenue generally leads to a rise in stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100