Dissecting the Post-Pandemic Streaming Landscape: Disney’s Costly Missteps and the Impact on Subscribers

2023-08-21 07:00:20

For many streaming services, the post-pandemic awakening to reality has been transformative, with subscribers disappearing and those still being forced to pay more and more. Even a seemingly untouchable giant like Disney feels the knife in its throat, losing more than 10 million users in the last quarter alone and a series of costly failures, which is why CEO Bob Bob Iger took sweeping and swift cost-cutting measures. Employees were fired, subscription prices were raised, account sharing was tightly controlled, and series were canceled or canceled altogether. This has become the new normal. Nostalgia Willow on Disney+ may have been one of the company’s biggest blunders, but it’s only now been revealed how much the show cost, and it’s not a small sum. According to Forbes, it’s a whopping $100 million toilet. A violent failure, audiences and critics alike never took it. Stranger Things and ’80s nostalgia are fine, but aging Warwick Davies is clearly not enough of a draw for the Willow series, which Disney probably hopes will never emerge from the history books. What do you think of willow trees?
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