Lower subscriber figures at Disney Plus may be attributed to higher prices, less-compelling content and an increase in competition from other platforms. This article, Disney sees increased revenue during Q1,

"Moana 2" and another profitable quarter for Disney+ and Hulu helped Disney beat forecasts for revenue and earnings for the December 2024 quarter.

Disney posted a 35% increase in earnings per share and 5% increase in total revenue in its first quarter of 2025, boosted by strong box-office performance led by “Moana 2,” which has topped $1 billion globally, and continued improvements in streaming profitability at Disney+ and Hulu.

Disney warned during its fiscal fourth-quarter report in November that it expected a “modest decline” in subscriptions during the December period.

Walt Disney surprised analysts with a strong first-quarter performance, driven by an uptick in its direct-to-consumer segment and content sales.