Disney Streaming Service Will Ban Password Distribution Starting June

Walt Disney's will begin to take firm action on the distribution of passwords starting in June. (photo: dock. dispensey)

JAKARTA - The Walt Disney's streaming show will begin to take firm action against the distribution of passwords starting in June. This was said by Chief Executive Bob Iger, on Thursday, April 4. The reason is that the entertainment conglomerate is trying to increase customer growth and business profitability.

Iger also said that there is a need for consolidation in the streaming industry and Disney is ultimately looking at double-digit margins in the stream.

The interview comes just one day after Disney investors backed Iger and other company directors, beating the campaign by activist investors including Nelson Peltz who argued that Disney had come under its performance in the era of streaming television.

"Prosexy sound is a firm and real support for the council," said Iger, who underestimated investors' criticism and said the company was focused on succession - one of the main tasks facing the Disney board.

Disney seems to be following in the footsteps of Netflix, which has been implementing bans on its streaming services for some time with the aim of increasing their profits.