Disney+ loses 2.4M subscribers, lays off 7,000 workers

[Andrew NDB]

Not looking good for Disney+.

https://www.ndtv.com/world-news/disn...ecline-3766191

[Cowabung-Gal]

They had it coming.

As Jiminy Cricket would say, “You buttered your bread, now sleep in it!”

[Andrew NDB]

I guess nobody liked Willow or Cassian.

[IMJ]

Originally Posted by Andrew NDB

I guess nobody liked Willow or Cassian.

Amongst other things....

[Roseangelo]

This isn't a Disney+ layoff, this is all of Disney. The article also mentions the loss of subscribers and tries to correlate the two, but Disney has lots of issues in all its departments.

[ChosenOne]

Something, something, go broke.

[AquaParade]

Audience pushed back and they didn't listen. Or maybe the ship is just too big to make a sharp turn.

As for the movie department, Mark Millar, the comicbook author, let it slip that he talked to someone who works behind the scenes at the MCU and that person was basically saying their plan is that 'first they storm the beach, then they storm the town'...
which essentially means they think they've got all the hardcore fans in the can already, and they can now focus on trying to make every other demographic an MCU fan...thus all the pandering, I suppose.
Millar's commentary on that was "You're going to lose the beach". I think he was spot-on and they are now seeing that.

I can't believe how checked-out of the MCU I am. I don't even finish these movies anymore and I certainly don't see them in theaters. If you had told me I'd feel this way, after Endgame, when I was all-in on the MCU, I'd have a hard time believing it. There was such a momentum a few years ago. Not even just narrative-momentum, but meta-momentum. We were seeing the MCU get bigger and greater in front of our eyes. Now it feels like we are regressing. You can see it in the story, the characters. You can plainly see it in the visual effects.

I just don't care anymore what happens in the MCU movies. It's not that I've lost all hope in the MCU, but my stance is a firm "wake me up when this gets back on track".

As you guys already said, this is bigger than the MCU though.

[IMJ]

Originally Posted by ChosenOne

Something, something, go broke.

Exactly.
And then they doubled down on it and expected the allegedly "woke" audience to show up and pay $2,000 a night for a Star Wars hotel.

Hellloooo? These people just run their mouths online and gather in the streets to cause damage under phony righteousness. They have zero interest in taking their family to an overpriced Disney experience when they have no family and can dye their hair blue from the safety of Twitter.

These people just want to know that there is a She-Hulk show or a Velma show that has mastered insulting white males, but they don't want to support it financially. It's not a "movement". It's just the online coalescence of the life-angry with dysmorphia disorders of various types. But Disney execs thought they were ahead of a curve by appeasing a culture that they themselves don't even care about.

There is a lot more of this to come from the years of clown-world. Buckle up, @$$holes....

[Cowabung-Gal]

Originally Posted by IMJ

There is a lot more of this to come from the years of clown-world. Buckle up, @$$holes....

Nope. I’m outta here.

[Sumac]

Originally Posted by AquaParade

I can't believe how checked-out of the MCU I am. I don't even finish these movies anymore and I certainly don't see them in theaters. If you had told me I'd feel this way, after Endgame, when I was all-in on the MCU, I'd have a hard time believing it. There was such a momentum a few years ago. Not even just narrative-momentum, but meta-momentum. We were seeing the MCU get bigger and greater in front of our eyes. Now it feels like we are regressing. You can see it in the story, the characters. You can plainly see it in the visual effects.

I just don't care anymore what happens in the MCU movies. It's not that I've lost all hope in the MCU, but my stance is a firm "wake me up when this gets back on track".

As you guys already said, this is bigger than the MCU though.

I wasn't tracking everything MCU and never watched their TV shows, but I was kind of following movies and was trying to watch them at home, if they were not broadcasted on TV.

I kinda was interested in the story, but after Endgame I felt like that's it for MCU for me: the story had reached it height and there is no way to get back to that point. Besides, for me, with the end of both Iron Man and Captain America, who were my favorite characters in the MCU, it felt like "whatever". In some way, it felt like my reaction to the Metal Gear Solid 4: I had no interest in later games in the series, since MGS4 put a fat dot on the story.

In case of MCU it seems they don't even try to match the hype of Gauntlet Saga: no teases, no direction, I don't know neither care who the **** this Kang is and he even visually he doesn't look all that interesting. Like he is just a human. What kind of Thanos-sized threat is that?

Maybe MCU will fix it, but I think they've seriously believed they are infallible and irreplaceable and they can make piece of **** with Marvel logo and it will make billions. It seems fall of Star Wars didn't teach them anything. And it is hard to backdown from this mentality.

[Papenbrook]

Nice to know that the Disney corporation is still largely toxic.

Hopefully, those workers will find better jobs.

[TurtleManiac]

Sad to see this happening to Disney, they’ve had some great memorable movies and cartoons over the years, but lately they seem to have gone off the deep end. Then the layoffs maybe they learned from Elon Musk laying off thousands of Twitter employees and still running the business the same.

[Andrew NDB]

Originally Posted by TurtleManiac

Sad to see this happening to Disney, they’ve had some great memorable movies and cartoons over the years, but lately they seem to have gone off the deep end. Then the layoffs maybe they learned from Elon Musk laying off thousands of Twitter employees and still running the business the same.

And that's an important thing to note. Everyone crying about Twitter will surely self-combust with all of these layoffs, we were to believe. In like a Y2K fashion. And yet nothing. Nothing. It's fine. No article revisions or pullbacks.

[neatoman]

About the subscriber count, is it that the amount of subscribers they've lost is a disastrous number or is it a disaster because they never reached enough subscribers in the first place? I know it could technically be both, you don't want to lose customers if you don't have enough to begin with, but there is a big difference between getting 1000 customers to then lose 600 and only getting 100 to lose 20, you know? Both are bad scenarios, I'd just like to know which type of scenario we are looking at here.

[ChosenOne]

Originally Posted by Andrew NDB

And that's an important thing to note. Everyone crying about Twitter will surely self-combust with all of these layoffs, we were to believe. In like a Y2K fashion. And yet nothing. Nothing. It's fine. No article revisions or pullbacks.

You mean things will still work exactly the same, if not better, in the absence of whiny, irresponsible wokextremists? Shocker.

[IMJ]

Originally Posted by neatoman

About the subscriber count, is it that the amount of subscribers they've lost is a disastrous number or is it a disaster because they never reached enough subscribers in the first place? I know it could technically be both, you don't want to lose customers if you don't have enough to begin with, but there is a big difference between getting 1000 customers to then lose 600 and only getting 100 to lose 20, you know? Both are bad scenarios, I'd just like to know which type of scenario we are looking at here.

The subscriber loss is a multi-fold metric, although shielders and people who need a win will deny it.

It basically is representative of ongoing income stream for Disney, but can also translate into a metric of wider rejection that has translated into Park sales and so on. Disney "fans" are historically all-in on Disney almost as a lifestyle so many of those metrics intersect.

They compartmentalize their park structure in earnings and several of their attractions have had a hard time maintaining a routine fill level.

Investors saw Disney as "on the rise" for many years, but a lot of that investor traffic was brought on by the hype that Disney was buying and expanding I.P.'s. But in realized application it hasn't gone as well as they thought it would.

Another aspect of this is that Disney is so large that when it has to make corrections those corrections are going to be proportionately as large. So there's that too.

[Mayhem]

Still doesn’t answer the question, and we probably won’t know, what percent of the number of subs is 2.4M a loss against. 5%? 10%? More?

And I’m a Disney fan, in terms of the animation output, have been since a kid but I have never been all in on the experience. Only ever been to a park once, and that was the one in Paris 25 years ago.

[Galactus]

Disney+ loses 2.4 million subscribers...mostly in Asia. Now that could be because a lot of their programs are considered 'woke' or it could be them losing the streaming rights to one of Asia's biggest sports. I know what my money would be on.

[ChosenOne]

My money's on both, Asians (rightly) despise wokeness.

[IMJ]

Again, when your model to go global isn't authentic but rather an ignorant attempt at "inclusion" then the implosion is at the global scale. The swing is bigger.

Disney isn't "going out of business", there is nothing that "ashame" about this other than the lost livelihoods. The company itself is operating in a system wherein this kind of thing is the fix. I just wish that more 7 figure salaried higher-ups would pay for their top-down edicts as opposed to some blue-hair working a concession stand at a park. The blue-hair has the louder-mouth of course, but the blue-hair only pushed for "hate" policy - it's the higher-ups who employed it.