December 3, 2021

Info IEC

Business & Finance Information

Disney’s Streaming Service Reaches Two-Yr Mark Amid Subscriber Slowdown

Walt Disney Co. is marking the two-year anniversary of its flagship streaming service with a blitz of programming and promotions that it hopes will assist flip the tide on a slowdown in new subscribers.

The corporate is attempting to woo subscribers with perks at its theme parks and by premiering latest hit movies like “Shang-Chi and the Legend of the Ten Rings” on Disney+ to mark the streaming service’s anniversary, which comes days after Disney’s fourth-quarter earnings confirmed a disappointing two million new sign-ups within the quarter.

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