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Disney+ and Hulu raise prices after profits double
Original: Disney+ and Hulu raise prices by up to 13 percent after doubling profits
Disney has announced price increases of up to 13 percent for Disney+ and Hulu in the United States, coming shortly after the company reported that its streaming division's profits had doubled. Critics say the move highlights how streaming services are raising costs on subscribers even as their financial results improve, prompting renewed debate about the rising price of streaming bundles.
Why now: Price hikes right after strong profit growth are drawing criticism and subscriber backlash.
Evidence
- Disney+ and Hulu raise prices by up to 13 percent after doubling profits · Brajeshwar · 163
API: https://socialmediatrends-api.osmike.com/v1/trends/3410