Tragic Kingdom: Disney+ Loses 300,000 Domestic Subscribers as Prices Keep Climbing, Flops Pile Up

Breitbart ^ | August 9, 2023 | David Ng

[Morgana]

The Disney+ streaming service lost 300,000 subscribers in the United States and Canada in the most recent quarter — an ominous sign for the studio as it continues to pour billions of dollars into new streaming content that is flopping with viewers.

To make matters worse for its fans, the Walt Disney Company is hiking Disney+’s monthly subscription price to $13.99 from $10.99 — a 27 percent increase. Last year, the price rose to $10.99 from $7.99, which means Disney+ subscribers will see their monthly bill climb a total of 75 percent in less than two years.

The new price is set to take effect in October.

On Wednesday, the studio reported domestic Disney+ subscriptions fell by 300,000 for the fiscal third quarter, to 46 million subscribers. By comparison, Netflix boasts around 76 million domestic subscribers. Worldwide, Disney+ subscriptions declined 24 percent for the period, mostly due to the end of Disney’s deal with Hotstar in India.

The domestic subscriber decline signals rough waters ahead for Disney as U.S. numbers have been stagnating for the past few quarters, indicating that the domestic market has likely reached its peak less than three years after the platform launched in 2019.

Disney continues to spend billions of dollars on new streaming content that receives a tremendous amount of hype but often ends up flopping with viewers.

[glorgau]

Double down on the wokeness. Go Disney Go!

[wildcard_redneck]

Shadenfroid. I have worked directly with Disney employees and management, and I can tell you for a fact that Disney is run by perverted creeps.

[Fungi]

Die Bud, die Target, die Disney, go to the woke graveyard....

[ViLaLuz]

Good. I hope Disney ends soon so they’ll stop coming for our children.

[JohnEBoy]

When you lose subscribers and you about double the monthly price in two years ($7.99 to $13.99), it’s not a surprise you are shedding subscribers. Raising prices to make up for lost customers might work in the very short term, but it’s a failing strategy long term.

[Grampa Dave]

Past time to “Bud Lite” these evil bastards.

[Morgana]

“I have worked directly with Disney employees and management, and I can tell you for a fact that Disney is run by perverted creeps.”

Inquiring minds want to know!

[butlerweave]

Disney will hire more feminist writers to create more crap where they make the woman Alpha and Castrate the men

[Liz]

Equity activists are outraged over the disappearance of ‘white guilt’ that justified DEI’s existence
after Disney, Netflix, Warner Bros, and others lose money, force out their high-paid loser DEI chiefs
The Blaze ^ | July 12, 2023 | Carlos Garcia
Posted on 7/13/2023, 7:57:28 AM by Twotone

EDITED-—Racial equity activists are outraged after several large companies dropped their diversity, equity, and inclusion consultants......after huge company losses.

The outrage was documented in a report from the Los Angeles Times that noted the exits of DEI experts at Disney, Netflix, the Academy of Motion Picture Arts and Sciences, and Warner Bros’ Discovery.

“I wake up every day trying not to be a cynic, but this is frightening,” Vic Bulluck of the NAACP Hollywood bureau ignorantly stated.

“Hollywood seems to be sending a message that these programs that were designed to (gag) “give more access to African Americans” are no longer needed.”

The report noted that all of the DEI chiefs dismissed were black women.

Business strategist Kim Crayton claimed that she predicted that the corporate support of DEI programs would be short-lived.

“2020 was the year that we were definitely making strides — but there wasn’t any strategy, there wasn’t any plan,” she explained.

“It was a PR moment — corporate blackface,” she added. “I told people at the time: ‘White guilt isn’t going to last.’”

Disney, Netflix, and Warner Bros. Discovery told the Los Angeles Times that these criticisms were inaccurate and that they were still committed to the cause of equity and diversity.

Crayton facetiously went on to say claim that DEI consultants were too busy “having to deal with white people’s feelings” to make any lasting change about inequity.

“If you don’t have the autonomy, the resources or the authority to make changes, it won’t work,” she said speaking in a total vacume, without a scintilla of factual proof. “Many of these women spend the majority of their time “navigating white people’s feelings’ — and you cannot do the work if you have to do that.”

Former NBC Universal diversity chair Paula Madison put her own biased spin on it.

“In many instances, other than receiving humongous salaries, the person in those roles has no power,” Madison explained. “These DEI officers are just treading water — and sometimes they are drowning. These things were never designed to be successful.”

The exasperation of DEI proponents was mirrored by that of LGBTQ activists who complained that corporations had been backing off from their support of the far-left movement during the very lucrative Pride Month.

[Liz]

variety.com
By Jennifer Maas

Disney’s Chief Diversity Officer Latondra Newton Exits (Disney destroyer number one)

Disney’s chief diversity officer and senior vice president Latondra Newton is exiting her role after more than six years, according to an internal memo obtained by Variety.

An individual with knowledge of the situation says that Newton will be joining the corporate board of another company soon, and plans to devote more time to her self-owned creative company.

In her role as head of DEI operations at Disney, Newton was charged with overseeing the company’s “commitment to produce entertainment that reflects a global audience and sustains a welcoming and inclusive workplace for everyone.”

Upon her departure, Newton’s direct reports will report to Julie Merges on an interim basis until a new chief diversity officer is named. Shelby Curry and the DEI internal communications team will continue to report to internal communications and engagement exec Carrie Brown.

Previously, Newton served as group vice president of social innovation and chief diversity officer at Toyota Motor North America, Inc. and chief program officer for Toyota Mobility Foundation, Toyota Motor Corporation. She began her career at Toyota in 1991.

Newton’s exit from Disney comes less than a week after CEO Bob Iger announced CFO Christine McCarthy’s decision to step down from her role. See Disney HR chief Sonia Coleman’s note to staff announcing Newton’s departure below. To our extended DEI and HR team, I’m writing to share the news that Latondra Newton has decided to leave The Walt Disney Company to pursue other endeavors.

Since joining the company in 2017, Latondra has led the company’s strategic diversity, equity and inclusion initiatives, including partnering with stakeholders across the enterprise to amplify stories of the world by people around the world. She has been dedicated to ensuring every person sees themselves and their life experiences represented in a meaningful and authentic way.

I know you all join me in thanking Latondra for her many contributions, including the lasting impact she has had on our employees and our culture.

Working alongside all of you and so many others, she has inspired countless cast members and employees to bring about lasting change and to help create a world where we can all feel safe and we all belong.

Latondra’s direct reports will report to Julie Merges on an interim basis until a new DEI leader is identified. I want to thank Julie for leading this team along with her Talent Acquisition organization. Additionally, Shelby Curry and the DEI Internal Communications team will continue reporting to Carrie Brown in her role leading internal communications & engagement for the company.

[joma89]

I trust they lose many more cuatomers. I will never go back.

[Liz]

Latondra gets the boot.

DISNEY: “Since joining the company in 2017, Latondra has led the company’s strategic diversity, equity and inclusion initiatives, including partnering with stakeholders across the enterprise to amplify stories of the world by people around the world.”

“She has been dedicated to ensuring every person sees themselves and their life experiences represented in a meaningful and authentic way.”

“I know you all join me in thanking Latondra for her many contributions, including the lasting impact she has had on our employees and our culture.”

[Seruzawa]

This is what happens when your purpose is to change society rather than simply entertain. WTF do these people think they are? Media people have absolutely no moral altitude over average Joe. In fact it’s the opposite. Media is chock full of perverts, pedophiles, drug addicts, serial adulterers.... they have the audacity to lecture us. Utter arrogance.

[Bon of Babble]

Boo freaking Hoo.

Disney dug their own grave.

[Bon of Babble]

I hope they do.

I don’t know of a single movie-goer who would pay money to watch that - looks like the general public thinks the same after looking at the returns for The Little Mermaid and the latest Indiana Jones movies.

I hope they produce an entire string of “woke” movies - with “strong women” (like the latest Snow White).

[HYPOCRACY]

Lucas film, Marvel, and Pixar are all dead. Indiana Jones just lost $800mm. Lol.

[Bon of Babble]

I read where she’s already filed a lawsuit - along with others in her cohort of DEI hires - citing racism, of course.

[Jonty30]

Even if the corporations were not woke, there is not enough material that any of them have that would make me want to subscribe to a single channel to watch full time. I don’t have have $1,000/month to subscribe to all the channels so I could watch a lot of tv.

Not that I watch tv.

[proust]

You will pay more for woke crap and be happy.