Disney Said Core Disney Plus Subscribers In Fiscal Q1 Will Decline Slightly Vs Q4 Due To The Expected Temporary Uptick In Churn From The Recent U. S. Price Increases, End Of The Summer Promotion- Conf Call
Portfolio Pulse from Charles Gross
Disney has announced that it expects a slight decline in core Disney Plus subscribers in fiscal Q1 compared to Q4. This is due to an expected temporary increase in churn resulting from recent U.S. price increases and the end of the summer promotion.
November 08, 2023 | 10:01 pm
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NEGATIVE IMPACT
Disney's announcement of a potential decline in Disney Plus subscribers due to recent price increases and the end of a promotion could negatively impact its stock in the short term.
Disney Plus is a significant part of Disney's business model. Any potential decline in subscribers, especially due to price increases, could be seen as a negative signal by investors, potentially leading to a short-term decrease in the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100