Disney+ sees first major dip, loses 2 million subscribers in three months
Since launching back in November 2019,Disney+has become one of the biggest and most successful streaming services going around. With a full library of classic Disney TV shows and movies as well as new smash hit shows such as The Mandalorian, Loki, and many more, Disney+ has well and truly cemented its place in the streaming space.
In response to this decline, Iger had this to say about what he and the rest of the company are looking to work on and move forward within 2023 and beyond.
“After a solid first quarter, we are embarking on a significant transformation, one that will maximize the potential of our world-class creative teams and our unparalleled brands and franchises. We believe the work we are doing to reshape our company around creativity while reducing expenses, will lead to sustained growth and profitability for our streaming business, better position us to weather future disruption and global economic challenges, and deliver value for our shareholders.”
Time will tell if this trend continues into 2023. However, with new Marvel shows such asSecret Invasionreleasing soon, as well as the hotly anticipatedMandalorian season 3, those who still have their Disney+ subscriptions have lots to look forward to.
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