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Business Wars Daily

Disney Wants You to Binge, then Buy

Business Wars Daily

Audible

Business, Business News, News, Daily News

4.6717 Ratings

🗓️ 19 January 2023

⏱️ 6 minutes

🧾️ Download transcript

Summary

Today is Thursday, January 19, and we're looking at Disney vs. Netflix.

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Transcript

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0:00.0

Wonderly Plus subscribers can listen to Business Wars daily ad-free right now.

0:04.8

Join Wonderly Plus in the Wondery app or on Apple Podcasts.

0:08.5

If you or someone you care about has cancer,

0:11.5

Macmillan Cancer Support's online community is here to help from day one.

0:16.1

Macmillan's free online forum provides a safe space to get support from both experts and others who've been

0:22.0

there. Members support each other anonymously, sharing what's helped them on a range of subjects,

0:27.5

from dealing with side effects such as hair loss and fatigue, to money worries and managing work,

0:32.9

or talking with children about a diagnosis. There are different forums on cancer types or experiences,

0:39.0

opportunities to ask an expert, and blog posts.

0:42.0

Find support 24-7 from people who get what it's like to have cancer.

0:46.7

To join, search McMillan online community.

0:49.2

Thank you. From One Tree, I'm David Brown, and this is Business Wars Daily on this Thursday, January 19th.

1:08.3

It's no secret that the streaming wars are getting more and more competitive,

1:12.2

from A to Z, Apple TV to Z5. There are hundreds of active platforms in the market right now.

1:18.1

But one of those streaming companies had a particularly standout 2022, and that would be Walt Disney.

1:24.0

Last November, Disney Plus, ESPN Plus, and Hulu, all owned by Disney, hit a major

1:29.5

subscriber milestone. With 236 million subscribers, Disney finally overtook the legacy streaming service.

1:37.0

You know the one. Netflix. That company was sitting at around 223 million subscribers late

1:43.2

last year, not too shabby. But alas, it

1:45.9

appeared that Disney and its hallmark streamer Disney Plus were sitting on top of the heap. But

1:51.5

despite its growth in subscribers, Disney's operating loss in the quarter ending in November actually

1:56.6

grew to around $1.5 billion. This was due in part to higher production costs

...

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