20 NOV 2024

How Disney+ is shaping the streaming market

BB Media analyzed how the platform aims to enhance user accessibility while maintaining its leadership in the industry.

20 NOV 2024

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Disney+ is reshaping its pricing strategies and partnerships to adapt to an ever-changing streaming market. A new analysis by BB Media revealed how, by introducing new subscription plans, adjusting prices, and forming strategic alliances, Disney+ aims to enhance user accessibility while maintaining its leadership in the industry.

In October, Disney+ increased its U.S. subscription rates. The ad-supported plan, which had remained at $7.99 since January, rose to $9.99 per month. The ad-free plan increased from $13.99 to $15.99, while the annual subscription went from $139.99 to $159.99. These adjustments align Disney+'s ad-supported plan with Max, although it remains below Prime Video’s price. Meanwhile, the ad-free plan is now slightly higher than Netflix’s Standard plan but continues to trail Prime Video and Max in overall cost.

Disney+ employs bundling as a key strategy to attract users. By combining its platforms—Disney+, Hulu, and ESPN+—into a single subscription at a reduced cost, Disney+ simplifies subscription management while encouraging customers to explore more of The Walt Disney Company’s content.

COLLABORATIVE MOVES WITH COMPETITORS

An innovative partnership between Walt Disney and Warner Bros. Discovery has led to a joint bundle featuring Disney+, Hulu, and Max. This collaboration offers users access to all three platforms on a single bill at a lower cost than individual subscriptions, highlighting the importance of strategic alliances in a competitive market.

NEW PRICING MODELS IN EUROPE

Disney+ has expanded its subscription offerings in Europe, catering to a wide range of budgets. Countries like Portugal, Poland, and the Netherlands now have "Standard" and "Premium" plans, priced at approximately $10.38 and $14.22, respectively. This model mirrors HBO Max’s strategy in Europe, where tiered plans provide users with more flexible choices.

In Spain, Disney+'s new pricing aligns its Standard and Premium plans with Max. However, Netflix remains the most expensive platform, while Prime Video continues to offer the most affordable option.

NEW SUBSCRIPTION MODELS ON THE HORIZON

Disney+ plans to expand its pricing strategies and subscription models in regions like Latin America and APAC. Flexible options will allow the platform to cater to diverse audiences in emerging markets.

STRATEGIC PARTNERSHIPS GLOBALLY

Building on its success in the U.S., Canada, Italy, France, and Germany, Disney+ is likely to replicate its bundling and partnership strategies in other countries. These efforts are expected to solidify its global footprint and enhance its adaptability to regional needs.

The dynamic streaming landscape continues to challenge platforms like Disney+ to innovate and adapt. From pricing adjustments to groundbreaking collaborations, Disney+ remains a trailblazer in providing flexible and accessible options for its global audience.

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