Disney Raises Streaming Prices By Up To 25% And Adds Channels; Announces Price Increases In Emailed Statement
Portfolio Pulse from Benzinga Newsdesk
Disney has announced a price increase of up to 25% for its streaming services and the addition of new channels. This information was disclosed in an emailed statement, as reported by Bloomberg.
August 06, 2024 | 5:00 pm
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Disney has announced a price increase of up to 25% for its streaming services and the addition of new channels. This move is likely aimed at boosting revenue and offsetting rising content costs.
The price increase for Disney's streaming services is likely to positively impact revenue in the short term. The addition of new channels could attract more subscribers, further boosting revenue. However, the impact on subscriber growth and retention will need to be monitored.
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