sharing plan in June, said Disney CEO Bob Iger, as per a report in Deadline.
Disney+ Password Sharing Plan is set to revolutionize the streaming landscape, initially debuting in select markets in June before a widespread launch slated for September, Iger told CNBC. This innovative approach acknowledges the evolving dynamics of digital consumption, offering flexibility while ensuring equitable access to content.
Disney+ Password Sharing Plan comes as the entertainment conglomerate looks to boost subscriber growth and profitability at the business.
Iger also said there was a need for some consolidation in the streaming industry and Disney was eventually looking at double-digit margins in streaming, in a wide-ranging interview with CNBC.
The interview came just a day after Disney investors backed Iger and other company directors, defeating a campaign by activist investors including Nelson Peltz who argued that Disney had underperformed in the streaming-television era.
Q1. When Disney+ will roll out Netflix-Like Password Sharing Plan?
A1. Walt Disney's streaming service will start cracking down on password-sharing from June, Chief Executive Bob Iger said on Thursday.
Q2. Why is Disney+ rolling out Netflix-Like Password Sharing Plan?
A2. Disney+ Password Sharing Plan comes as the entertainment conglomerate looks to boost subscriber growth and profitability at the business.