Tag: Disney raises streaming prices

Disney is raising the prices of its streaming services, Disney+ and Hulu, effective October 1, 2023. The price increases are necessary to offset rising content costs and to continue to invest in new content. Disney is also taking steps to cut costs, such as laying off 30,000 employees and cutting back on marketing expenses. The price increases and cost-cutting measures are a sign that Disney is committed to its streaming strategy, even in the face of increasing competition. It remains to be seen if Disney's gamble will pay off.