Disney+ is making the right moves in the streaming world and giving Netflix a run for their money.
This comes after the streaming service recorded a whopping 11.8 Million New Subscribers on their platform in the first quarter.
By the looks of things, the streaming service is on course to reach its set target which is 230 to 260 million subscribers by 2024.
What’re the current figures go the streaming service look like?
According to TechCrunch reports, Disney+ has 42.9 million subscribers in the U.S. and Canada and has 41.1 million internationally. It also has 45.9 million Disney+ Hotstar subscribers, which is a collaborative service offering between Disney and Star India’s existing streaming service.
The report states, as for Disney’s other streaming services, Hulu added 6.6 million new subscribers to reach 45.3 million subscribers and ESPN+ added 4.2 million subscribers to reach 21.3 million. Total subscriptions across Disney’s streaming portfolio reached 196.4 million.
For the company to reach its current success it came with a lot of hard work and non-stop investing in new content.
Disney CEO Bob Chapek said Disney+’s success during the quarter was largely due to a combination of organic growth and new content.
The company reached its goal of releasing one new title each week and it plans to double this content target, Chapek added.
Leave a Reply