Disney+ Faces Huge Losses. Can the Stock Recover?
If you want to know why Walt Disney (NYSE: DIS) is upping its streaming prices, it's not difficult to figure out. These services are costing the company considerably more than the revenue they're generating. And the problem is still getting worse rather than better. Something's got to give sooner or later -- and sooner than later.
The thing is, while higher streaming prices might prompt some subscribers to grumble, the price increase is apt to prove more palatable than you might suspect. This puts real profits on the radar.
On the off chance you're reading this and aren't aware, the price of Disney+ and Hulu are about to go up. The cost of ad-free Disney+ will move from $7.99 per month to $10.99, while Hulu's ad-free monthly cost will rise from $12.99 to $14.99. The ad-supported version of Hulu will see a $1 price increase to $7.99 per month, and the ad-supported version of Disney+ will cost $7.99 per month when it launches in September.
Source Fool.com
