Focus

Disney+ loses 11.7 million subscribers from April to June

11 Aug 2023 04:59pm
In total, the streaming platform lost almost 16 million subscribers since the beginning of this year. Photo by Patrick T. Fallon/AFP FILE PIX
In total, the streaming platform lost almost 16 million subscribers since the beginning of this year. Photo by Patrick T. Fallon/AFP FILE PIX
A
A
A

ISTANBUL - The Walt Disney Company's streaming service Disney+ lost 11.7 million subscribers during the April-June period, according to its financial results statement, reported Anadolu.

The number of subscribers worldwide declined 7.4 per cent to 146.1 million, from 157.8 million in the previous quarter when it lost approximately four million subscribers.

In total, the streaming platform lost almost 16 million subscribers since the beginning of this year.

Its parent firm, The Walt Disney Company, saw a US$460 million net loss from continuing operations, according to the statement released late Wednesday.

The figure is a sharp decline from US$1.4 billion income reported in the April-June period of last year.

Disney+'s new biopic series on Mustafa Kemal Ataturk, the founder of the Republic of Türkiye, will be shown both as a two-part movie on TV and in movie theaters, rather than be released on the streaming platform.

The first part of the Atatürk movie will air on FOX TV on Oct 29, the Republic of Türkiye's centenary. The movie will hit the big screen on Nov 3.

The second part will arrive in movie theaters on Dec 22, while both movies will again air on FOX in the summer of 2024. - BERNAMA-ANADOLU

Related Articles:

Disney+
Subscribers
More Like This
Protestors seen at the #FreeBritney Termination Rally on Nov 12, 2021 in Los Angeles, California. - (Photo by KEVIN WINTER / AFP)
Protestors seen at the #FreeBritney Termination Rally on Nov 12, 2021 in Los Angeles, California. - (Photo by KEVIN WINTER / AFP)
World Britney Spears and her father reach settlement in legal dispute
BERLIN - US pop singer Britney Spears and her father, Jamie Spears, settled the remaining issues in a bitter legal battle over the weekend, around two and a half years after the singer was released from his guardianship, reported dpa news quoting US media. Britney Spears, 42, reached a...
A man carries a cardboard box of food aid provided by non-profit non-governmental organisation World Central Kitchen in Rafah in the southern Gaza Strip on March 17, 2024. - (Photo by MOHAMMED ABED / AFP)
A man carries a cardboard box of food aid provided by non-profit non-governmental organisation World Central Kitchen in Rafah in the southern Gaza Strip on March 17, 2024. - (Photo by MOHAMMED ABED / AFP)
World World Central Kitchen resuming operations in Gaza after deadly Israeli strike
To date, the food charity has distributed more than 43 million meals in the Palestinian enclave, which WCK says accounts for 62 per cent of all international NGO aid in Gaza.
This handout photo taken and released on March 5, 2024 by the Asean-Australia Special Summit 2024 shows Australia's Prime Minister Anthony Albanese addressing the reception for the Asean-Australia Special Summit 2024 in Melbourne. - (Photo by Arsineh Houspian / ASEAN-Australia Special Summit 2024 / AFP)
This handout photo taken and released on March 5, 2024 by the Asean-Australia Special Summit 2024 shows Australia's Prime Minister Anthony Albanese addressing the reception for the Asean-Australia Special Summit 2024 in Melbourne. - (Photo by Arsineh Houspian / ASEAN-Australia Special Summit 2024 / AFP)
World Australian PM calls leaders' meeting to tackle violence against women
Twenty seven women have died violently in Australia so far in 2024, more than double the 12 in the first four months of 2023.
The photo taken on April 3, 2024 shows course participant Qiu Zhouwen showing a TikTok shop webpage at a cosmetics company in Guangzhou, in southern China's Guangdong province. - Photo by AFP
The photo taken on April 3, 2024 shows course participant Qiu Zhouwen showing a TikTok shop webpage at a cosmetics company in Guangzhou, in southern China's Guangdong province. - Photo by AFP
World Chinese sellers go to TikTok school to reach buyers abroad
Guangdong is home to thousands of factories making a mindboggling variety of products, from the abayas to espresso machine parts to wigs made of human hair.