While Netflix keeps touting gains in subscribers — 300M+ and counting —- Disney+ is bleeding out as it lost 700,000 subscribers over the final three months of 2024, which is what we learned this morning from the Walt Disney Company’s fourth quarter earnings call. Disney+ now has 124.6M subs.
Disney anticipates its streaming platform to have more losses during Q1 2025, forecasting another “modest decline” in subs. In fact, Disney+ hasn’t had substantial gains since it racked up 4.4M subscribers from June through September 2024. Are the price hikes to blame? Not necessarily. Netflix also hiked their prices but recently announced a gain of 19M subscribers.
Box-Office wise, things looked much better for Disney in 2024. “Inside Out 2” earned $1.7B worldwide. Then you had “Deadpool & Wolverine” ($1.3B) and “Moana 2” ($1B) as the other top earners of the year. Not too shabby for a company that looked like it was hemorrhaging the year prior.
In 2025, Disney is hoping for healthy box office receipts from such films as “Captain America: Brave New World,” “Thunderbolts,” “The Fantastic Four,” “Lilo & Stitch,” “Zootopia 2,” and ‘Avatar 3.’ The box office receipts seem to be back on track, but what exactly is going on with the mouse house’s streaming platform?