Direct-to-Consumer News - WDW News Today

Losses Shrink & Savings Target of $5.5 Billion Exceeded in $22.3 Billion Third Quarter 2023 for The Walt Disney Company

August 9, 2023August 9, 2023

According to Deadline and official reports from The Walt Disney Company, a mixed third quarter for 2023 has seen some success, reduced losses, and a few disappointments overall. The Walt Disney Company Third Quarter 2023 Direct-to-consumer losses shrank while Parks and Resorts revenue rose compared with the previous quarter. While Disneyland Resort and Walt Disney … Read more

Direct-to-Consumer Losses Lessen, Overall Disney+ Subscriber Count Drops While Core Members Rise 1% in Third Quarter 2023

August 9, 2023August 9, 2023

Direct-to-consumer revenues have increased by 9 percent while the operating loss has almost broken even in the third quarter of 2023. Disney+ subscribers have dropped to 146.1 million, below the 154.8 million goal, though core members of the service rose by 1 percent. Disney+ and Direct-to-Consumer Revenues in Q3 2023 In the company’s Q3 2023 … Read more

Former Hulu President Joe Earley Named to Take Over Disney Entertainment Streaming

April 5, 2023

Joe Earley, who was President of Hulu, has been promoted to President of Direct-to-Consumer for Disney Entertainment. Michael Paull, who was previously in that role, is leaving the company. The move comes after Bob Iger announced the reorganization of the Walt Disney Company into three core business segments: Disney Entertainment, ESPN, and Disney Parks, Experiences, … Read more