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Tom Earnshaw
The writing has been on the wall for some time when it comes to password sharing, and the streamer has cracked down on this law over the past year.
And now it seems that initiative is expanding, and one of the largest streaming corporations in the world has announced that it will launch its own offensive, and very soon.
This comes after the world’s largest streaming service, Netflix, brought new updates in 2023 so that subscribers can no longer share their passwords.
The friendship between streaming platforms has caused Amazon to attack Netflix’s efforts, leaving X (formerly Twitter) users in the lurch.
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Today, the world’s third-largest streaming operator, Disney+, showed when its crackdown on password sharing will be implemented.
Disney CEO Robert Iger gives an update on the crackdown in Disney’s third-quarter monetary update on Wednesday, Aug. 7.
In it, Iger stated: “We are very positive about the future of this company. We are not saying much more, it can be expected to grow well in fiscal year 2025.
“The other thing I want to upload is that we talk a lot about ramping up the generation features that we want to make this a higher-performing, higher-margin, and more successful company. And we do it immediately. “
Regarding the end of password sharing, Iger said, “We introduced our password sharing initiative in June. It will come into force in September.
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“By the way, we have not reacted to the notifications sent or to the paintings we have already made. We know we want stricter advisory engines and we’re using that technology and we want our marketing to be more effective.
“But by adding all those features, whether it’s the generation aspect or the scheduling aspect, we’re positive about the long-term of this business. And then, when you think about it, more: Hugh talked about Moana and Mufasa, let me read. talk to them about the films that we are going to make and release over the next two years.
“We have Moana, Mufasa, Captain America, Snow White, Thunderbolts, Fantastic Four, Zootopia, Avatar, Avengers, Mandalorian and Toy Story, to name a few. And when you think about not only the future of those in Still, given the possibility of them generating global transmission value, I think there is an explanation for being positive about where we are headed.
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Hugh Johnston, Disney’s senior executive vice president and chief monetary officer, said the offensive will be “useful in terms of stimulating growth. “
From a business perspective, you can write it down. During the third-quarter presentation, Johnston revealed that cost estimates for Disney for the year had risen from $5. 5 billion to $7. 5 billion.
Topics: Disney, Disney Plus, TV, TV & Movies, Entertainment, Business, World News, American News, British News, Movie, Netflix, Technology, Money
Tom joined LADbible in 2024, specializing in search engine optimization and trending content. He joined the company from Reach plc, where he worked as a senior and content journalist for one of the country’s most read local news brands, LancsLive. When he is not working, Tom spends his adult life as a long-suffering Manchester United supporter after formative years filled with trebles and Premier League titles. I guess you can’t have it all forever.
@TREarnshaw
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