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In its latest earnings report, The Walt Disney Company revealed that its flagship streaming service Disney+ lost a net 2.4 million subscribers in the last three months of 2022.

An ongoing shift to streaming among audiences, new ad-based models from the likes of Disney+ and Netflix, and an increase in ad-supported viewing are set to drive further growth in the UK CTV market, according to IAB’s latest report.

Netflix and Disney+ invested more than enough in original Australian content in 2022 to hit any content investment quotas, although they are less well positioned currently in terms of a content catalogue quota, according to Ampere Analysis.

The dating series will be created and co-developed with FOX Alternative Entertainment, scheduled to be released soon on Disney US, launching on Freeform and Hulu.

The Walt Disney Company Board of Directors has elected independent director Mark Parker as Chairman of the Board, effective following the Annual Meeting of Shareholders.