DISNEY+, PLUS ADS
Nine months after it was first announced, Disney+’s ad-supported offering made its debut on Dec. 8, bringing on more than 100 partners “across every major holding company” and “every single major brand,” according to Disney ad sales chief Rita Ferro. While Ferro didn’t share subscriber expectations for the new tier, dubbed Disney+ Basic, a recent analysis by Kantar found that 1 in 4 Disney+ subscribers could trade down to the new AVOD tier, which is rolling out at $7.99 per month. Disney+ topped 164 million subscribers as of the fiscal fourth quarter. Disney+ Basic is debuting with mostly 15-and 30-second spots that will air in pre-and mid-roll ads, with advanced targeting capabilities and new formats coming later as the company continues to test. “At the end of the first quarter, we will…