Thursday, August 11, 2022 4:20:02 AM
"Disney raises streaming prices after services post big operating loss." "The increased operating loss occurred even while Disney added about 15 million new Disney+ subscribers in the quarter"
Streaming lost $1.1B in fiscal 3rd quarter (OUCH!) and "plans to lose money on Disney+ until 2024"...at least.
But hey, you do you. I, for one, will stick with AMC TYVM.
ref: https://www.cnbc.com/2022/08/10/disney-raises-price-on-ad-free-disney-38percent-as-part-of-new-pricing-structure.html
IMO/NFA
Recent AMC News
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM
