After jacking up prices, Disney+ and Netflix consider offering free alternatives
by Scharon Harding from Ars Technica - All content on (#77FYK)
Disney is exploring a free product" for streaming customers, CEO Josh D'Amaro confirmed in a call with investors today.
D'Amaro, who succeeded Bob Iger as Disney's chief in March, said that a free Disney-owned streaming service would help Disney reach more price-sensitive" customers, which is a strategic priority" for Disney, according to a transcript of the call.
A free streaming service would also generate more ad revenue, which has become increasingly important for streaming services challenged by plateauing subscriber numbers, subscriber churn, and competition from cheaper and free rivals.