It has been claimed that the Disney Plus platform, which was announced to have lost 1.3 million subscribers in the last quarter of 2023 and is said to have made a loss, will soon start making a profit. It is said that the platform’s long-term broadcast agreement with the sports channel ESPN, whose operating losses were determined to be as low as 138 million dollars, also played an important role here.
When will Disney Plus make a profit?
It is a known fact that big-budget streaming platforms such as Disney Plus have started to make a profit late. It is estimated that the platform, on which Disney has high hopes, will gain 7.5 million subscribers in the next quarter. In addition, the company, which restricts subscription sharing as Netflix does, predicts that it will increase its revenue noticeably with this move.
Disney CEO Bob Iger, who returned to his post after a short break, claimed that Disney Plus has recently entered a recovery trend and that this increasing performance of the platform promises great hope for the future. He added that they aim to become the most watched broadcast platform.
It has been known for a long time that Disney wants to coordinate the Plus platform with game content. Iger described their latest Epic Games acquisition as one of the largest investments the company has made. According to the first leaks, there will be a collaboration with Epic’s Fornite game series. As a result of this collaboration, many popular Disney heroes are expected to come under the Fortnite umbrella. When this project is implemented, Disney Plus content will undoubtedly benefit from it.
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