While some people might find it weird to watch a show while on vacation (shouldn’t you be out having fun instead?), many of us like to unwind with a little TV. Whether it’s on their phone while on a lunch break, or the kids watching a show on a tablet in the car, streaming services can go everywhere with you. People will surely continue to speculate on that front as well as on just how much content will be cut from Disney+ and Hulu moving forward.According to surveys, somewhere around 70-75% of households subscribe to some sort of streaming service, whether that be Netflix, Amazon Prime, Disney+, Hulu, ESPN or countless others.Īnd that number looks like it will continue to go higher as their popularity grows and more services are launched.Īt the same time, people aren’t just watching streams at home on the couch.
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With Disney taking on the content removal strategy utilized by WB Discovery, one has to wonder if password measures or other alterations could be on the horizon as well.
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Netflix recently cracked down on password sharing amongst users to increase its subscription numbers and, reportedly this has been a financial boon for the company. Streaming services, after all, are constantly evolving. While the House of Mouse is being transparent about future content eliminations and price increases, there could potentially be more changes for Disney+ subscribers in the future. However, you could also theorize that the removal of large libraries of content may be a reason why some subscribers may choose to no longer pay after a price jump. The streaming service has added many popular titles to its platform since its last price increase, which one could argue justifies that rationale. He believes the media giant's content portfolio is better represented by a higher subscriber fee. In addition to more removals on Disney+, the House of Mouse's CEO, Bob Iger, says he plans to increase the cost of the non-ad-based subscription. One would think that other streamers may follow suit but, of course, this isn't the first time the public seen such cost-cutting measures take effect.Īfter Disney+ Reveals Plans To Remove Tons Of Streaming Shows, One Creator Shares Surprising Hot Take: 'I'm Kinda Into It' It goes without saying that this a significant amount of cash that's helping the company for the better. As noted, The Walt Disney Company can ultimately reduce its tax bill by writing down the value of its assets. Per the trade, should that happen, the entertainment conglomerate could see a $400 million impairment charge. In addition, the company is evaluating more content that could potentially be removed from its streaming platforms. That sum apparently falls in line with the projections the corporation listed during its earnings call in May. The House of Mouse was able to write-off $1.5 billion dollars this quarter after removing titles off of their streamers, according to Variety. However, the company itself seems to be benefitting from its choice, as it's apparently saving an incredible amount of money but cutting content.
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It's reasonable to say that this doesn't exactly fair well for the TV streaming model.
All the while, many creators have been weighing in on the matter with honest thoughts. As a result of the move, dozens of original titles have been taken off the services, including Willow, Cheaper by the Dozen and The Mysterious Benedict Society. Many eyes have been on Disney since it made the controversial decision to remove streaming content from Disney+ and Hulu.
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