Disney CEO Says Disney+ Password-Sharing Crackdown Starts Next Month
Portfolio Pulse from Benzinga Newsdesk
Disney's CEO announced during a conference call that the company will begin a crackdown on Disney+ password sharing starting next month. This move is aimed at reducing unauthorized access and potentially increasing subscriber numbers by converting shared users into paying customers.
May 07, 2024 | 1:03 pm
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Disney's crackdown on Disney+ password sharing could lead to an increase in subscriber numbers as shared users convert to paying customers, potentially boosting revenue.
The crackdown on password sharing is directly aimed at increasing Disney+'s subscriber base by converting users who have been accessing the service for free into paying customers. This could lead to an increase in revenue from subscriptions, making it a significant move for Disney. Given the direct impact on Disney+'s business model and potential revenue, this news is highly relevant and important for investors in DIS.
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