Disney CEO Bob Iger accidentally reveals how many Disney Plus users are
signed up to its ads tier: 'I dont know if I was supposed to disclose those numbers'
Date:
Fri, 15 Nov 2024 10:20:28 +0000
Description:
Two years after Disney Plus' ads tier was introduced, only a third of its users are signed up to it but it's a higher percentage than Netflix's.
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The total number of Disney Plus ad-supported tier users has accidentally been revealed and none other than Disney chief Bob Iger is behind the leak.
Yesterday (November 14), Disney released its Q4 2024 earnings report before holding its final earnings call of the year. It was during the latter that Iger unintentionally confirmed how many people have signed up to Disney Plus' ads subscription, with Disney's CEO later suggesting he didn't mean to put
his foot in it.
Responding to a Wall Street Journal analyst's query about Disney's growth outlook for its primary streaming platform, Iger said (as reported by
Deadline ) that 37% of US-based Disney Plus' users had signed up to its cheapest subscription tier. In total, around 30% of the streamer's global fanbase currently own an ads-supported account, Iger added. Disney Plus has a higher percentage of ad-supporter tier subscribers than Netflix does (Image credit: Shutterstock)
Okay, Iger didn't divulge specific numbers as part of his answer. But, using the above percentages and the total number of paid subscribers revealed in Disney's Q4 2024 earnings report, it's easy to work out how many people are signed up to one of the world's best streaming services ' most affordable tier. In the US, 56 million use Disney Plus, meaning that around 20.7 million (37% of 56 million) are signed up to its ads tier. Globally, the platform boasts 122.7 million people, which equates to 36.8 million (30% of 122.7 million) total users.
For context, Netflix recently revealed via Deadline that 70 million people are signed up to its ads-based tier. However, while that figure is almost twice the size of Disney Plus' ads tier userbase, Netflix's total fanbase
sits at 282.7 million. The percentage of users who are signed up to its cheapest program, then, only accounts for around 25% of its global fanbase.
Regardless, Iger's slip-up was a rare faux-pas on his part and one he wasn't supposed to disclose to the assembled press and investors. Indeed, as the
call continued, Deadline quotes Iger during a hot-mic moment as saying: "I dont know if I was supposed to disclose those AVOD [advertising-based video
on demand] numbers". Maybe not, Mr. Iger, but we'll take any insight into the inner workings of an entertainment behemoth whenever we can. The addition of Inside Out 2 in mid-September may have boosted Disney Plus' subscriber figure (Image credit: Disney )
Iger's mistake notwithstanding, the three-month period running July to
October has been pretty fantastic for Disney as a whole. On the streaming front, the world-famous company added 4.4 million new users to Disney Plus' worldwide fanbase and an extra 900,000 people on its sister streamer Hulu . Meanwhile, Disney secured huge theatrical wins at the global box office, with Deadpool and Wolverine and Inside Out 2 grossing over $1 billion apiece. The powerhouse duo recently joined our new Disney Plus movies guide, too, so you can watch them at home if you missed them on the big screen.
Despite these money-spinning triumphs, Disney isn't getting into the pre-festive season spirit and freezing the price of Disney Plus across the globe. In mid-September, the entertainment titan increased streaming subscription fees across the board, with Disney Plus, Hulu, and ESPN Plus all receiving price hikes in mid-October .
With Disney Plus' password crackdown in full effect now , too, plus the introduction of a Disney Plus password-sharing fee essentially, how much it'll cost you to grant access to Disney Plus to someone who doesn't live
with you it's just become more expensive to own a Disney Plus account. Don't be surprised, then, if the percentage of people signing up for an
ad-supported subscription has increased significantly when Disney releases it Q1 2025 earnings report early next year. You might also like Sticking with Disney Plus? Check out our guide on the best Disney Plus movies Or learn more about the best Disney Plus shows that are worth watching If you've had
enough, get the lowdown on how to cancel your Disney Plus subscription
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Link to news story:
https://www.techradar.com/streaming/disney-plus/disney-ceo-bob-iger-accidental ly-reveals-how-many-disney-plus-users-are-signed-up-to-its-ads-tier-i-dont-kno w-if-i-was-supposed-to-disclose-those-numbers
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