HiTechEdge

Tag: ESPN+

  • Disney Delivers Mixed News on Its Disney+ Streaming Platform

    Disney Delivers Mixed News on Its Disney+ Streaming Platform

    Disney turned in its quarterly results, including a mixed bag of news regarding its Disney+ and other streaming services.

    Disney+ gained some 12 million subscribers from the previous quarter, bringing the platform’s total to 164.2 million. The company’s total streaming subscribers, including Disney+, ESPN+, and Hulu has now topped 235 million subscribers. This is an increase over the previous quarter’s 221 million.

    “2022 was a strong year for Disney, with some of our best storytelling yet, record results at our Parks, Experiences and Products segment, and outstanding subscriber growth at our direct-to-consumer services, which added nearly 57 million subscriptions this year for a total of more than 235 million,” said Bob Chapek, Chief Executive Officer, The Walt Disney Company. “Our fourth quarter saw strong subscription growth with the addition of 14.6 million total subscriptions, including 12.1 million Disney+ subscribers.”

    Unfortunately, it wasn’t all good news for the streaming services, with increased costs leading to a larger loss than the previous quarter.

    Direct-to-Consumer revenues for the quarter increased 8% to $4.9 billion and operating loss increased $0.8 billion to $1.5 billion. The increase in operating loss was due to a higher loss at Disney+ and a decrease in results at Hulu, partially offset by improved results at ESPN+.

  • Verizon Offering Free Apple Arcade or Google Play Pass

    Verizon Offering Free Apple Arcade or Google Play Pass

    Verizon is offering subscribers free Apple Arcade or Google Play Pass in its ongoing efforts to be the center of customers’ digital life.

    Carriers are increasingly expanding beyond basics wireless service, offering promotions, complimentary services and partnerships. The goal is to help reduce churn — the rate at which customers switch carriers — by becoming entrenched in customers’ lives.

    For example, T-Mobile offers T-Mobile Money banking service and T-Mobile Home Internet, as well as free Netflix. Meanwhile, some Verizon plans include free Disney+, Hulu and ESPN+, as well as free Apple Music and Discovery+. 

    Verizon is expanding its bundled services to include a free Apple Arcade or Google Play Pass plan.

    Starting May 25, new and existing customers get six months of Apple Arcade or Google Play Pass, ($4.99/mo. value) on us with any unlimited plan or 12 months on us with “Play More” or “Get More” plans.