ESPN+ ended 2024 by losing 700,000 subscribers as the streaming service continues to struggle to maintain growth over a longer period of time. The loss in subscribers comes just as the exclusive negotiating window with the UFC on a new broadcast rights deal started in January.
On Wednesday, Disney released financial information for the fourth quarter in 2024 with ESPN+ losing three percent of subscribers, which totaled out to 700,000. ESPN+ now boasts 24.9 million subscribers overall. Disney’s entire sports division, which is led by ESPN, saw revenue stay flat quarter over quarter at $4.85 billion, but the segment operating income reversed from a loss in the same period in 2023 to a gain of $247 million in 2024.
It’s still a tough trend for ESPN+, especially after the streaming service enjoyed consistent periods of growth after first launching before running into tougher times in recent years. Back in May 2024, ESPN+ saw a loss in overall subscribers in three out of four quarters with the total number of subscribers sitting at 24.8 million.
ESPN+ loses 700k subscribers with exclusive window for UFC negotiations under way
ESPN+ lost 700,000 subscribers in the final quarter of 2024 ahead of UFC seeking a new broadcast rights deal.
www.mmafighting.com
