The Walt Disney Company has appointed Karandeep Anand as its first-ever Chief Technology Officer and named Adam Smith Chairman of Direct-to-Consumer, while also implementing further price increases for Disney+ and Hulu's ad-free tiers and bundles. The leadership and pricing moves together highlight Disney's push to tighten its technology backbone and extract more value from its streaming audience. Smith's promotion to Chairman of Direct-to-Consumer is seen as especially connected to Anand's arrival as CTO, since both roles sit at the center of Disney+, Hulu and the unified app push. The company's narrative projects $112.8 billion in revenue and $13.1 billion in earnings by 2029, requiring 5.1% yearly revenue growth and a $1.9 billion earnings increase from $11.2 billion today. Six Simply Wall St Community members currently see Disney's fair value between US$108.93 and US$134.63, with the key question being how much Anand's new CTO role can offset the risk that younger viewers keep favoring short form, user generated content over Disney's premium streaming platforms.
Walt Disney CompanyDisney raised prices for Disney+ and Hulu ad-free tiers and bundles, extracting more value per subscriber.
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