Disney+ surpasses Netflix after adding 14.4 million subscribers

Now it’s official that Disney+ is the number one streaming service in the world. This comes after the Walt Disney Company reported a total of Disney+ subscribers which rose to 152.1 million during the company’s third quarter. 

The streaming service added 14.4 million subscribers in the quarter, beating expectations of 10 million. The company’s streaming services combined now surpass Netflix in total subscribers. 

According to the company’s chief executive officer [CEO], the firm has outdone itself by reaching the unexpected milestone. 

“We had an excellent quarter, with our world-class creative and business teams powering outstanding performance at our domestic theme parks, big increases in live-sports viewership and significant subscriber growth at our streaming services,” said Disney CEO Bob Chapek.

 The international market is growing the appetite for the streaming service, as most of Disney+’s growth is taking place outside the US. 

The company reports that international Disney+ subscribers increased by 6 million to reach 49.2 million. 

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