Plenty of Internet buzz that Iger's game plan, now that he's been "extended" to 2026, is to shift the corporate emphasis to streaming during the Writers' and Film Actor's Guild strikes - the idea being to stop the bleeding from their live-action remakes and ride on old content until the smoke clears, and if it doesn't, lean on AI and CGI instead of staff and production crews. Of course, Disney+ does need to actually turn a profit for that to work. "Look, we've slowed the bleeding" isn't going to impress many shareholders.
When Disney+ launched in November 2019, they offered a discount on a 2-year subscription. The average monthly cost, with the discount, was $3.92 a month. That discount ended in December 2022. Disney then raised their prices and subscribers canceled. To lose $1.1B when a two year promotion ends is one thing. To lose $800M in a regular quarter is another.
Disney's losses would be deeper except they bolstered their bottom line with the layoff of off 7,000 workers to save more than $5B.
Won’t work, I have seen some information on this and that is a dead end for them. People don’t even want to watch the old stuff as much anymore.