Aug 10
The new subsidies should help bolster semiconductor manufacturing in the U.S., a move that comes amid continuing shortages triggered by the pandemic.
Aug 10
We may never see the recently cancelled Batgirl movie, but it sure has had a huge impact anyway. Since the film’s unceremonious dumping over tax write-offs, the whole conversation around DC Films has changed. Some executives were reportedly so angry about the movie, they wanted to leave. Meanwhile, the president and…
Aug 10
Aug 10
Samsung’s big Unpacked 2022 event saw foldable phones push even further into the mainstream, but the Galaxy Flip 4 and Fold 4 weren’t the only things revealed.
Aug 10
Aug 10
The 2012 Lotus 340R lacks many of the common necessities we think of when we think about automobiles — including windows and doors.
Aug 10
Most of us are guilty of staying up too late and messing around on our phones before going to bed, but there are some good reasons to break that habit.
Aug 10
So were you wondering if all these streaming services bringing ads onto their platforms would actually reduce overall prices? Well, keep dreaming.
Aug 10
The Rivian R1S and the Hummer EV SUV go head-to-head in this comparison to determine which is the right electric SUV for your family.
Aug 10
Disney+ isn’t done raising prices. As part of its third quarter earnings report, Disney revealed that it’s hiking the price of the ad-free service in the US to $11 per month, $3 more than today, on December 8th. If you want to keep the same price, you’ll have to subscribe to the ad-supported tier launching the same day. In other words, the ad-backed plan won’t really be cheaper — you’ll just have to pay more to keep the uninterrupted experience you already have.
The media giant also said it would raise the price of ad-free Hulu by $2 to $15 per month on October 10th. If you can accept ads, you’ll also pay $8 per month instead of today’s $7. A $10 monthly outlay provides both Disney+ and Hulu with ads. A bundle offering ad-free Disney+, ad-supported ESPN+ and its Hulu counterpart is climbing by a dollar to $15 per month, but you’ll dip to $13 per month if you’re willing to tolerate commercials across all three. You’ll have to pay $20 per month to get the trio without any sales pitches.
Disney wasn’t shy about the reason for the price hikes. Although it added 14.4 million Disney+ subscribers during the quarter (for a total of 221 million across all services), the operating losses for its streaming-oriented division surged from $293 million a year ago to nearly $1.1 billion. The production costs for Disney+ and Hulu are soaring, and Disney wants to make that money back.
The performance contrasts sharply with a key rival. While Netflix is prepping its own ad-driven plan, it’s currently losing customers — it’s counting on advertising to return growth where Disney is simply hoping to make a profit. As rough as its finances might be, Disney+ is in a stronger position.
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