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Fast-forward to the first quarter of 2023, and the decline continued. Disney Plus shed another 4 million subscribers, marking its second consecutive quarterly drop. While the streamer narrowly reduced its streaming losses by 26 percent—losing "only" $700 million this quarter compared to previous figures—these numbers paint a bleak picture of the company's digital future. Total Disney Plus subscribers now stand at approximately 157.8 million, well below Wall Street expectations of 163 million. The missed targets reflect a broader erosion in consumer trust and interest.