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Disney CFO: ‘We’ve earned increased pricing in the marketplace’
Disney CFO Hugh Johnson told investors that the growth in consumption and popularity of its offerings gave it the “pricing leverage” needed to make its streaming business profitable.
Disney believes it has “earned” the right to increase the price of its streaming services despite competing in a challenging category, as Disney+ became profitable for the first time.
During a results call today (7 August), Disney CFO Hugh Johnson told investors the growth in consumption and popularity of its offerings gives the company the “pricing leverage” it has.
