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Disney+ lost 700,000 subscribers but remained profitable in Q4 2024, outpacing analyst expectations.
Disney+ saw a drop of 700,000 subscribers in the last quarter of 2024, reducing its total to 124.6 million.
Despite the decline, Disney's streaming business turned a profit for the third straight quarter.
Hulu gained 1.6 million subscribers, and the company's overall performance beat financial forecasts, with earnings per share at $1.76.
Disney attributes the drop to recent price hikes and stricter sharing policies.
Meanwhile, competitor Netflix added 19 million subscribers, reaching 300 million total.
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Disney+ perdió 700.000 suscriptores, pero siguió siendo rentable en el Q4 2024, superando las expectativas de los analistas.