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Disney+ Subscriber Decline in Early Fiscal 2025

Disney+ experiences a decline in subscribers due to price increases and a shift towards streaming profitability, with executives framing the loss as manageable and a strategic pivot in reporting.

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Jan 26, 2026
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What reasons did Disney executives give for the 2025 Disney+ subscriber decline?

said the in early fiscal 2025 was an anticipated, “modest” churn tied to deliberate price increases and the company’s push toward streaming profitability, and they framed the loss as manageable while ...