Description: The Disney+ streaming service has only been available in Canada for about a year, but the price is going up from $8.99 to $11.99 on Feb 23, 2021. It’s not as bad as it sounds though as Disney will be adding its Star service as one of the options included in the package. Star has a well-stocked catalogue of shows to pick from, giving consumers a parcel of programs for the extra $3.

Date:  December 11, 2020

Source:  cbc.ca

 Link: https://www.cbc.ca/news/business/disney-price-set-to-rise-3-a-month-next-year-1.5837615

Discussion points:

1) What’s your go-to streaming service?

2) Would this $3/month increase impact your decision to subscribe to Disney+?

3) On page 14-24 of Wiley’s Financial Accounting: Tools for Business Decision-Making we see an Accounting Matters text box discussing the relationship between Netflix’s Gross Profit and its share price. Conduct a search with some of your classmates to determine if there is a similar relationship for Disney+.