• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Service news

Like Netflix, Disney Plus Will Embark On Password Sharing Crackdown

Paul Balo by Paul Balo
August 10, 2023
in Service news
Share on FacebookShare on Twitter

In a bid to combat password sharing, Disney is gearing up to join the likes of Netflix in combatting password sharing. During a recent earnings call, Disney CEO Bob Iger revealed the company’s proactive stance, stating that they are “actively exploring ways to address account sharing.” The concept of password sharing crackdown in streaming was made popular by Netflix which started the service in the United States with plans to roll it pout globally. This became necessary as Netflix said password sharing was hurting its revenue and subscriber numbers. In fact, before this last quarter which was good on subscriber numbers and revenue, Netflix was losing money. Following the crackdown on password sharing in the United States, Netflix actually had a great quarter unlike Disney which released its earnings report yesterday.

Iger’s announcement underscores Disney’s intention to adapt to the evolving streaming landscape and maximize subscription revenue. He indicated that the company will introduce updates to their subscriber agreements and sharing policies later this year. Additionally, Disney plans to unveil tactics to enhance monetization by 2024. This move takes inspiration from Netflix, which recently initiated a fee for account sharing outside of a user’s household.

While the extent of password sharing across Disney’s services remains undisclosed, Iger acknowledged its is significantly affecting the platform. He emphasized that Disney has the technological means to monitor user logins and plans to address the issue by 2024.

Acknowledging the potential impact on the calendar year 2024, Iger said this endeavour aligns with Disney’s growth strategy. He articulated, “We certainly have established this as a real priority, and we actually think that there’s an opportunity here to help us grow our business.”

Apart from password-sharing discussions, Disney unveiled another strategic move — a new ad-free bundle comprising Disney Plus and Hulu, priced at $19.99 per month. This bundle, set to launch in the US on September 6th, will affect individual subscription costs. While Disney Plus’ ad-free plan will see an increase to $13.99 per month (from $10.99), Hulu’s ad-free version will be priced at $17.99 per month (up from $14.99). Ad-supported subscription costs for both platforms remain unaffected.

Despite a slight dip in Disney Plus subscribers in the US and Canada, and a modest shift in numbers for ESPN Plus and Hulu, witnessed a substantial decline of over 12 million subscribers since April. This plummet can be attributed to the loss of streaming rights to the Indian Premier League (IPL) last year. This scenario underscores the dynamic nature of the streaming landscape and its vulnerability to content shifts.

Iger’s strategic vision for Disney, outlined in an earlier interview, highlights a focus on core areas for growth. He plans to scale back spending on Marvel and Star Wars productions, while also hinting at the potential sale of non-core cable networks like ABC, FX, and National Geographic.

Iger stated, “They are our film studios, our parks business, and streaming, all of which are inextricably linked to our brands and franchises.”

Amid these developments, Iger’s contract with Disney has been extended until at least 2026. His leadership aims to steer Disney through these transformative times, marked by significant shifts in the entertainment landscape.

Related Posts:

  • netflixandnope
    Netflix Password Sharing Crackdown Is Working In The…
  • Huawei
    Q2 Earnings: Netflix Continues To Expand Amid…
  • Netflix Q1 2023 Earnings Slightly Misses, Shares Tank
  • Netflix To Start Charging More For Account Sharing, Announces Countries That'll Pay More Starting August
    Netflix To Start Charging More For Account Sharing,…
  • netflix3_0
    Netflix Q1 2024 Earnings Beat, Subscribers Jump 16%,…
  • netflix sign
    Netflix Account Sharing Fees Will Start With These Countries
  • netflix-ad-supported-tier-1000×600
    Netflix's Ad Supported Service Hits 1 Million…
  • Disney's Q3 Earnings Highlight Streaming Challenges,…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: disney pluspassword sharingstreaming
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

BROWSE BY CATEGORIES

Receive top tech news directly in your inbox

subscription from
Loading

Freshly Squeezed

  • AI Helps Google One Reach 150 Million Subscribers May 16, 2025
  • FT Lists Paymenow, TymeBank & Omnisient Among Africa’s Fastest-Growing Firms May 16, 2025
  • MoonPay and Mastercard Partner to Advance Stablecoin Payments May 16, 2025
  • Google Gemini Advanced Users Can Now Link to GitHub May 16, 2025
  • TikTok Accused of Violating EU Internet Content Rules May 15, 2025
  • Activists and Users Criticize NCC & Telcos Over Customer Penalties May 15, 2025

Browse Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    

Quick Links

  • About TechBooky
  • Advertise Here
  • Contact us
  • Submit Article
  • Privacy Policy

Recent News

AI Helps Google One Reach 150 Million Subscribers

AI Helps Google One Reach 150 Million Subscribers

May 16, 2025
FT Lists Paymenow, TymeBank & Omnisient Among Africa’s Fastest-Growing Firms

FT Lists Paymenow, TymeBank & Omnisient Among Africa’s Fastest-Growing Firms

May 16, 2025
MoonPay and Mastercard Partner to Advance Stablecoin Payments

MoonPay and Mastercard Partner to Advance Stablecoin Payments

May 16, 2025
Google Gemini Advanced Users Can Now Link to GitHub

Google Gemini Advanced Users Can Now Link to GitHub

May 16, 2025
TikTok Accused of Violating EU Internet Content Rules

TikTok Accused of Violating EU Internet Content Rules

May 15, 2025
Activists and Users Criticize NCC & Telcos Over Customer Penalties

Activists and Users Criticize NCC & Telcos Over Customer Penalties

May 15, 2025
  • Login

© 2021 Design By Tech Booky Elite

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • Artificial Intelligence
  • Gadgets
  • Metaverse
  • Tips
  • About TechBooky
  • Advertise Here
  • Submit Article
  • Contact us

© 2021 Design By Tech Booky Elite

Discover more from TechBooky

Subscribe now to keep reading and get access to the full archive.

Continue reading

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok