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Disney will stop reporting its streaming subscriber numbers

127d ago
Technology
The Verge
Disney will stop reporting its streaming subscriber numbers
Disney will discontinue reporting subscriber numbers for its streaming services in its quarterly financial reports, mirroring a similar move by Netflix. The announcement, made during the latest earnings call, cited a shift in the media landscape and a belief that subscriber figures are becoming less indicative of overall business performance. Disney reported a total of 183 million subscribers across Disney Plus and Hulu after adding 2.6 million this quarter. CEO Bob Iger and CFO Hugh Johnston stated that this change will better reflect how the company evaluates its progress, as revenue streams become increasingly diversified.
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