Disney is “actively exploring” ways to crack down on password-sharing

Transfer over Netflix — Disney could be the following firm to hold out a password-sharing crackdown. Throughout an earnings name on Wednesday, Disney CEO Bob Iger stated the corporate is “actively exploring methods to handle account sharing.”

Iger added that Disney “will start to replace our subscriber agreements with further phrases and our sharing insurance policies” later this yr and also will “roll out ways to drive monetization” in 2024. Netflix started charging users an extra fee to share their accounts with somebody exterior their family earlier this yr.

Whereas Disney Plus subscribers within the US and Canada decreased barely, going from 46.3 million to 46 million, Disney’s India-based Hotstar service suffered an enormous blow. The service misplaced a further 12 million since April, leaving it with 40.4 million members. That dropoff is probably going associated to Disney losing the streaming rights to the Indian Premier League (IPL) final yr. Disney’s different streaming providers, ESPN Plus and Hulu, solely had a slight dip in subscribers.

“Transferring ahead, I consider three companies will drive the best development in worth creation over the following 5 years,” Iger stated throughout an earnings name on Wednesday. “They’re our movie studios, our parks enterprise, and streaming, all of that are inextricably linked to our manufacturers and franchises.”