Streaming Giants Slash Prices for Black Friday Bonanza

Major streaming services like Disney+, Hulu, Max, Peacock, and Paramount+ are offering significant Black Friday discounts to attract new subscribers, despite ongoing struggles to achieve profitability. These discounts primarily apply to ad-supported tiers, which can generate higher average revenue per user. While Disney has started to see profits in its streaming division, others like Peacock continue to face substantial losses. Notably, Netflix, Amazon Prime Video, and Apple TV+ are not participating in these discount offers, as they are either already profitable or backed by financially robust tech companies.