The cost of watching Disney + will be relatively more expensive in the future. The impact of the price increase on the Norwegian market has not been confirmed.
Prices are expected to rise by 27 percent in the US market. This came in a statement related to the latest quarterly report submitted on Wednesday evening. The change will take effect on November 1.
Right now, watching Disney+ in Norway costs NOK 89. Prices will be updated in select countries in Europe and Canada throughout the year, as seen in Press release.
Disney will now release a version with ads, according to the press release. If you want to avoid this, it will cost more. In the United States, Canada, and select European countries, an annual ad-free subscription to Disney+ will cost $139 per year or $13.99 per month.
Ad-supported subscription will be available for $7.99 per month.
It also looks like they, like Netflix, are going to be tougher on cracking down on password sharing outside the home.
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Disney with fewer subscribers than expected
Losing money from broadcasting
Earlier in the evening, the company provided figures that showed they were losing money and losing subscribers.
CEO Bob Iger’s main goal is to make the Disney + streaming service profitable by 2024. But calculations show that the company still has a way to go.
Disney lost $500 million operating streaming services. Revenue was $22.3 billion, slightly less than analysts had previously forecast.
Disney+ now has 146.1 million subscribers. This is 11.7 million less than the same period last year.
Up front, Disney was expected to deliver Disney+ subscription numbers of more than 151 million.
The decrease comes according to CNBC As a result of Disney + Hotstar losing the rights to show the Indian Premier League. Disney+ Hotstar lost 24 percent of its subscribers in the wake of losing the rights.
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