Walt Disney Co (NYSE:DIS) strives to keep its streaming subscribers engaged longer on its platforms, including Disney+, Hulu, and ESPN+.
The entertainment giant is introducing new features to increase user engagement and reduce subscriber churn.
Disney is focusing on a metric known as "hours per subscriber" to enhance viewer engagement, the Wall Street Journal reports.
Also Read: Disney Suffers Major Data Breach As Hackers Leak Internal Slack Data: Report
In a May earnings call, CEO Bob Iger described Netflix as the "gold standard" in streaming and emphasized the importance of developing technology to rival Netflix Inc (NASDAQ:NFLX) and boost streaming profitability.
Disney is developing personalized algorithms to recommend content based on user preferences, customized promotional art, and emails prompting users to finish incomplete series.
The company is also creating pop-up live channels to entertain viewers without requiring them to browse for content. These features are expected to roll out within six months.
In May, Walt Disney reported second-quarter revenue growth of 1% year-on-year to $22.08 billion, marginally missing the analyst consensus estimate of $22.11 billion.
Adjusted EPS of $1.21 beat the analyst consensus estimate of $1.09. Disney expects a fiscal 2024 adjusted EPS growth target of 25%.
In April, Netflix reported first-quarter revenue growth of 14.8% year-on-year to $9.37 billion, beating the analyst consensus estimate of $9.28 billion. EPS of $5.28 beat the analyst consensus estimate of $4.51.
Netflix added 9.33 million paid net new subscribers in the first quarter, reaching total subscribers of 269.60 million, up by 16.0% year-over-year. Disney serves nearly 230 million streaming customers worldwide through its various services.
Price Actions: DIS shares are trading lower by 1.39% at $97.11 at the last check on Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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沃尔特迪士尼公司(NYSE:DIS)努力使其流媒体订阅用户在其平台上更长时间地保持参与度,包括Disney+、Hulu和ESPN+。
这家娱乐巨头正在推出新功能,以增加用户参与度并减少订阅用户流失。
据《华尔街日报》报道,迪士尼正专注于一项名为“每位订户观看时间”的指标,以增强观众参与度。
此外,迪士尼还面临重大数据泄露事件,黑客泄露了内部Slack数据。
在5月份的业绩会中,首席执行官鲍勃·伊格尔将奈飞描述为流媒体的“黄金标准”,并强调了开发技术以与奈飞竞争并提高流媒体盈利能力的重要性。
迪士尼正在开发个性化算法,根据用户偏好推荐内容、定制宣传画以及通过电子邮件提示用户完成未完成的系列节目。
该公司还创建了弹出式实时频道,供观众娱乐,而无需浏览内容。这些功能预计将在六个月内推出。
今年5月,沃尔特迪士尼公布了2020财年第二季度营收同比增长1%,达到了220.8亿美元,略低于分析师一致预期的221.1亿美元。
每股收益调整后为1.21美元,超出了分析师一致预期的1.09美元。迪士尼预计该公司2024财年的每股收益增长目标为25%。
今年4月,奈飞公布了2020财年第一季度营收同比增长了14.8%,达到了93.7亿美元,超出了分析师一致预期的92.8亿美元。每股收益为5.28美元,超出了分析师一致预期的4.51美元。
第一季度奈飞新增了933万付费净订阅用户,总订阅用户达到了2.696亿,同比增长了16.0%。迪士尼通过其各种服务向全球近2300万流媒体用户提供服务。
DIS股票周三最后一次交易时以97.11美元的价格下跌1.39%。
免责声明:本内容部分使用人工智能工具生成,并经Benzinga编辑审核发布。
图片来自shutterstock。