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Saturday, October 1, 2022

Disney+ price hike isn’t sitting well with customers

Subscribers will have to pay a little more if they want to keep Disney+ without ads. The Walt Disney Company held its 3Q 2022 earnings call on Wednesday afternoon, where it unveiled Disney+ Basic and Disney+ Premium tiers. The Disney+ Basic tier (including ads) will run $7.99 per month with no option for an annual subscription, and the Disney+ Premium tier (without ads) will increase to $10.99 per month and $109.99 annually, increasing by three dollars per month for monthly subscribers. and $40 for annual subscribers (and a 37% jump for both). Naturally, users are debating the merits of the price hike and whether or not they want to continue paying for Disney+ on social media.

With our new ad-supported Disney+ offering and an expanded lineup of plans across our entire streaming portfolio, Karim Daniel, president of Disney Media and Entertainment Distribution, said in a statement. “We will provide as many consumer options as possible at a variety of price points to meet the diverse needs of our audience and appeal to a wider audience.”

The idea behind the ad-supported tier is that it will allow Disney+ to grow its customer base. In a previous statement, Daniels said: “Expanding the reach of Disney+ to a wider audience at a lower price point is a win-win for all – consumers, advertisers and our storytellers.” However, one has to question that. Whether to increase the price The version of Disney+ with ads Is it really offering a “low cost” subscription?

The overall reaction on social media seems to be mixed. While some Disney fans don’t mind the price hike, others are considering whether keeping their subscriptions is the best use of their money considering the United States is on the brink of recession. .

Is this really a good time to raise prices?

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Save with a bundle!

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This may lead to a shift back to cable TV

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Why do we have to pay more?

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It was only a matter of time

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let’s make some suggestions

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The price hike is between Disney and Verizon

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Reference from comicbook.com

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