Shulou(Shulou.com)11/24 Report--

CTOnews.com, Nov. 9 (Xinhua)-- Disney announced today that it will begin testing a new version of App, which integrates Disney + and Hulu streaming services, next month, and the official version is expected to be available in the spring of 2024.

▲ Touyuan Disney reported that Disney CEO Bob Iger said on the company's earnings call on Wednesday that Disney hopes to launch a more unified app experience so that users can enjoy more entertainment content through an app that uses Disney + and Hulu streaming services, which will also increase the app's own daily active users, increase more advertising opportunities, and reduce user turnover.

CTOnews.com found that Disney reported that Disney+ had more than 150 million global users in the third quarter, with losses in its streaming business narrowing to $387 million (CTOnews.com Note: currently about 2.817 billion yuan), down from $1.47 billion in the same period last year (currently about 10.702 billion yuan).

In addition, Disney reiterated that it will crack down on account sharing, although it is not clear when Disney will start to manage the relevant grey market, but Bob Iger pointed out that the move will have a "meaningful impact" on Disney's revenue.

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