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However, successes like these cannot fully mask the uneven nature of Disney’s output. Not every endeavor hit the mark, and the company faced notable setbacks in other areas.
Notable Failures and Controversies
Streaming Service Struggles
One of the most significant issues for Disney in 2024 was its streaming platform, Disney+. Despite being a major pillar of Disney's future strategy, Disney+ struggled to achieve the "market dominance" it once aspired to. Subscriber numbers underwhelmed, leading the company to cut prices to $1.99 for new subscribers in an effort to bolster its numbers. Yet, even with discounts, Disney+ couldn't keep pace with competitors like Netflix, Amazon, and Peacock.