Disney+ offered at discounted prices for limited period
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3 years ago 06:14:08am Television

Disney+ offered at discounted prices for limited period

New Delhi, 09-November-2021, By IBW Team

Disney+ offered at discounted prices for limited period

Ahead of its quarterly earnings results on Wednesday, Walt Disney Co. has said it was offering a month of Disney+ for $1.99 for a limited period, as the entertainment giant seeks to stem a slowdown in paid user growth at its streaming service.

The promotion begins on November 8 and will be valid for a week through November 14 for new and eligible returning subscribers in the United States and some other countries, Disney said in a statement, according to a Reuters report.

Disney, which charges $7.99 per month for its streaming service in the United States, recently hinted at a slowdown in subscriber growth in Disney+, leading to a rare Wall Street downgrade.

Disney+, which has “Star Wars” and “Avengers” franchises in its portfolio, picked up more new subscribers during the COVID-19 pandemic as theater closures prompted more people to turn to digital streaming to quench their entertainment needs.

As part of the promotions marking the launch of Disney+ two years ago, the company said it would provide other offers, including an early entry into its theme parks for eligible subscribers.

Disney will report its fourth-quarter results on Wednesday.


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