Can a New Bundle Help Disney+ Keep Growing?
Walt Disney (NYSE: DIS) is looking to recover from a quarter where it added just 2.1 million Disney+ subscribers. The streaming service has become a major focus for investors as the media company is planning to invest heavily in its direct-to-consumer offerings over the next three years before it expects they'll turn a profit. After robust early signups, the 2.1 million net additions last quarter was a big disappointment.
But Disney might add as many as four million new subscribers overnight next month by making a change to its Hulu + Live TV subscription.
Image source: Walt Disney.
Source Fool.com