Disney is enforcing stricter password-sharing rules for streaming services to boost revenue

From Nasdaq: 2024-04-05 12:54:00

Disney is cracking down on password sharing for its streaming service, aiming to boost signups and revenue. Following Netflix and Warner Bros. Discovery, measures will be enforced to limit password sharing among non-household members. Hulu, also owned by Disney, implemented similar restrictions earlier this year, leading to subscriber growth.

Disney+ has introduced new shows like Doctor Who, The Acolyte, and Ironheart to attract viewers. The company’s stock has gained 29.7% year-to-date, outperforming the Consumer Discretionary sector. The platform’s strategy of adding advertisements and compelling content is expected to drive continued growth and success in the market.

Netflix, a dominant player in streaming, is set to release new titles like SCOOP and City Hunter to maintain its top position. Warner Bros. Discovery is gearing up for releases like Venom 3 and Red One to compete with Disney. Amazon Prime plans to showcase Música and Fallout to enhance its market presence.

Zacks Senior Stock Strategist highlights 5 AI stocks with high growth potential, predicting a $15.7 Trillion industry by 2030. Automation aids in answering questions and challenging assumptions. Companies like Netflix, Amazon, and Disney offer growth opportunities for investors in the evolving AI sector.



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