Streaming Services Profits and Subscriber’s Count

[Bruce]

Disney just reported a massive increase in profits for their streaming division-

Disney+ and Hulu posted a combined operating profit of $336 million, up 615% from a profit of $47 million a year ago. Together, the streaming services added 2.5 million subscribers for a total of 180.7 million.

Disney+ added 1.4 million during the quarter for a total of 126 million

Hulu added 1.1 million during the quarter for a total of 50.3 million.

But, Broadcast/Cable channels revenue fell 13% to $2.42 billion

Disney+, Hulu Combined Operating Profit Surges to $336 Million

When combined with ESPN+, Disney's three streaming services have a total of 204.8 million subscribers

www.thewrap.com

 

[Radioguy41]

Confused; in this thread you say Hulu gained 1.1 million but in your other thread it says they lost 200,000?

 

[Bruce]

Confused; in this thread you say Hulu gained 1.1 million but in your other thread it says they lost 200,000?

There are two Hulu.

Regular Hulu, the On Demand Version, gained the 1.1 Million.

Hulu Live is the Live TV Service, which lost 200,000, will soon be split off and combined with Fubo.

 

[Bruce]

Is there Hulu only programming? I don't care about Disney nor live tv.

Of course, but if you bundle them together, only a $1 more than just Hulu.

Disney+ has all the National Geographic programming, just that makes it worth the $1 more in my opinion.

 

[reubenray]

Of course, but if you bundle them together, only a $1 more than just Hulu.

Disney+ has all the National Geographic programming, just that makes it worth the $1 more in my opinion.

I have been searching, but not finding what channels/networks are included with Hulu basic.

 

[Bruce]

I have been searching, but not finding what channels/networks are included with Hulu basic.

ABC, Fox Broadcast Channels.

Then all the content from FX, but in 4K, a bunch of other cable channels also, but the problem is, they no longer produce new scripted content, which is also a issue with Live TV Providers.

But Hulu does have original content, a lot of it, Paradise is the newest show receiving great reviews, Handmaid's Tale, etc, etc.

 

[reubenray]

ABC, Fox Broadcast Channels.

Then all the content from FX, but in 4K, a bunch of other cable channels also, but the problem is, they no longer produce new scripted content, which is also a issue with Live TV Providers.

But Hulu does have original content, a lot of it, Paradise is the newest show receiving great reviews, Handmaid's Tale, etc, etc.

Thanks for the info. My wife and I are hooked on Paradise. I already have Paramount so I have CBS. What is the yearly cost (discount?) for the basic plan? I can find the monthly cost, but not the yearly discounted cost. I have seen several websites showing the basic plan being $7.99/month, but Hulu only shows $9.99.

 

[b4pjoe]

I have been searching, but not finding what channels/networks are included with Hulu basic.

If you mean live channels there are none on Hulu.

 

[meStevo]

Funny, I remember no so long ago some were insisting these services would never be profitable (while Netflix already was). Then again they were also insisting NFL ST would never be offered standalone either - even after it was offered standalone

 

[Bruce]

Funny, I remember no so long ago some were insisting these services would never be profitable (while Netflix already was). Then again they were also insisting NFL ST would never be offered standalone either - even after it was offered standalone

I wonder who posted the opposite, right around this time period, that they would become profitable, now who was that……..?

 

[Bruce]

Warner Discovery

The good news, added 5.3 Million subscribers

The bad news, still lost $453 Million, all because of no box office and loss in per sub fees.

Revenue is down 10%

8% decline in advertising revenue.

Warner Bros. Discovery Sees Content Revenue Drop 27% to $1.9 Billion in First Quarter on Lower Box Office, Home Entertainment

Ad revenue tumbled 8% to $1.98 billion as ad-supported subscriber growth was offset by linear TV audience declines

www.thewrap.com

 

[Bruce]

Warner Discovery

The good news, added 5.3 Million subscribers

The bad news, still lost $453 Million, all because of no box office and loss in per sub fees.

Revenue is down 10%

8% decline in advertising revenue.

Warner Bros. Discovery Sees Content Revenue Drop 27% to $1.9 Billion in First Quarter on Lower Box Office, Home Entertainment

Ad revenue tumbled 8% to $1.98 billion as ad-supported subscriber growth was offset by linear TV audience declines

www.thewrap.com

And Warner is about to do their , I do not know how many it has been, restructuring plan.

Warner Bros. Discovery is likely planning to split the company between cable networks and streaming, and the move may come quickly, according to sources on CNBC.

If the plan goes through, the linear cable networks would be split from the studio and Max, according to CNBC's David Faber who spoke about the plan on "Squawk on the Street" on Thursday, following the company's quarterly earnings call.

Warner Bros. Discovery Will Likely Separate Cable and Streaming in Company Split | Cord Cutters News

Warner Bros. Discovery is likely planning to split the company between cable networks and streaming, and the move may come quickly, according to sources on CNBC. If the plan goes through, the linear cable networks would be split from the studio and Max, according to CNBC’s David Faber who spoke...

cordcuttersnews.com

 

[Bruce]

Paramount highlighted the subscriber growth of Paramount+ as a major revenue driver. The streaming service saw 1.5 million net additions for the quarter, bringing the total subscriber count to 79 million globally. Paramount says that the service is a top three SVOD service for original series hours watched.

Today, Paramount released its first quarter financial results. The report shows a 13% drop in revenue for TV Media (including CBS, MTV, BET, Paramount, and Nickelodeon) and a 9% increase in revenue for Direct to Consumer (including Paramount+, BET+, and Pluto TV.)

Paramount+ Added 1.5 Million Subscribers in Q1 While Cable Channels Saw a Drop in Revenue | Cord Cutters News

Today, Paramount released its first quarter financial results. The report shows a 13% drop in revenue for TV Media (including CBS, MTV, BET, Paramount, and Nickelodeon) and a 9% increase in revenue for Direct to Consumer (including Paramount+, BET+, and Pluto TV.) The company highlighted the...

cordcuttersnews.com