(KGTV) — A recent headline claims Disney's CEO announced the "Disney+ streaming service will be shutting down in December.
But that's fiction.
The misinformation is based on the headline from an article published by the Disney fan blog Inside the Magic.
The body of the article explains what's really happening.
Disney+ isn't going away.
Disney, which also owns Hulu, is trying out a system that will allow Disney+ and Hulu to be accessed from the same app.
The article's headline is just misleading clickbait designed to draw people's attention.
Copyright 2023 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Sign up for the Breaking News Newsletter and receive up to date information.
FAQs
(KGTV) — A recent headline claims Disney's CEO announced the "Disney+ streaming service will be shutting down in December. But that's fiction. The misinformation is based on the headline from an article published by the Disney fan blog Inside the Magic. The body of the article explains what's really happening.
Is the Disney+ app going away? ›
Hulu and Disney+ will still remain as standalone apps
Just because Hulu content will be available on Disney+ doesn't mean the Hulu app is going away. Both Hulu and Disney+ will still be available as standalone services, though Disney+ only subscribers will see more in-app options to upgrade to the combined service.
Is Disney+ losing money? ›
Disney Plus And Company's Other Streaming Services No Longer Losing Money. It took five years but here we are. The Walt Disney Company announced on its August 7 investor call that its direct-to-consumer business, including Disney+ and Hulu, reported a quarterly operating loss of $19 million.
Is Disney+ going down? ›
No, we are not detecting any problems with Disney Plus right now. The last outage detected for Disney Plus was on Saturday, September 7, 2024 with a duration of about 30 minutes.
Why is Disney+ shutting down in December? ›
(KGTV) — A recent headline claims Disney's CEO announced the "Disney+ streaming service will be shutting down in December. But that's fiction. The misinformation is based on the headline from an article published by the Disney fan blog Inside the Magic.
Should I keep Disney Plus? ›
Should you get it? For Disney's legions of Star Wars, Marvel and Pixar fans who want to enjoy those movies and their extra features, the service is easily worth the monthly fee. The same goes for parents who want their kids to enjoy Disney's myriad family movies and TV shows.
Is Disney Plus in decline? ›
Disney+ Core subscribers (which include U.S. and Canada customers, as well as international users, excluding the India-based Disney+ Hotstar) dropped to 111.3 million from the 112.6 million reported in the previous quarter, according to Disney's quarterly earnings results released Wednesday.
Do you still have to pay for Hulu if you have Disney Plus? ›
Disney Bundle Duo Basic: For $9.99/month you get access to Disney+ (With Ads) and Hulu (With Ads). Disney Bundle Duo Premium: For $19.99/month, subscribers can access Disney+ (No Ads) and Hulu (No Ads).
Is Hulu being discontinued? ›
No, Hulu is not being discontinued. As of now, Hulu continues to operate as a separate streaming service in the US, offering its own unique content along with live TV options.
How much is Disney Plus 2024? ›
The latest on new Disney Plus prices
The ad-supported plan will rise from $7.99 a month to $9.99 a month. To forego ads, you'll be paying $15.99 a month rather than the previous rate of $13.99 a month. The bundle packages will see similar rises with all new prices rolling out on October 17.
The top three individual owners of the company include Christine McCarthy, Bob Iger, and Safra Catz while the top institutional shareholders are Vanguard, BlackRock, and State Street.
Why is Disney making losses? ›
Disney's traditional TV business continues to suffer from declining viewership and was hurt in the quarter by a decline in advertising revenue. It also brought in lower affiliate revenue as a result of its new deal with Charter Communications, which includes the cable company dropping eight of Disney's cable networks.
Is Disney seeing a decline? ›
Disney reported in its third-quarter earnings earlier this week that it struggled when it came to its United States parks and experiences. The company saw a 6% decrease in operating income for domestic parks and experiences, executives said, citing inflation and technology spending among reasons for the drop.
Why has Disney been struggling? ›
Disney blamed a “moderation of consumer demand” that “exceeded our previous expectations,” along with higher costs. Disney said softening demand “could impact the next few quarters.” “The lower-income consumer is feeling a bit of stress, and the higher-income consumer is traveling internationally a bit more,” Hugh F.
Can Disney Plus be Cancelled? ›
Please go to the Subscription section of your Disney+ Account page on web or mobile to cancel your subscription — get step-by-step instructions here. You can also select one of the contact options at the bottom of the page for assisted support via phone or chat.
Is Disney stopping sharing? ›
That means that if you share your Disney Plus account with people who don't live under the same roof, you will no longer be able to from September 2024 and will instead need to purchase an 'Extra Member' to be able to.
Is Disney Plus still running? ›
User reports indicate no current problems at Disney+
Disney+ (Disney Plus) is a video streaming service, offered by Disney.
