Disney Plus Surpasses 60.5 Million Paid Subscribers

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Disney+ has now reached over 60.5 million paying subscribers globally.  The direct-to-consumer streaming platform launched last November, just nine months ago.  The streaming service is predicting to reach 90 million subscribers by 2024.  Disney CEO Bob Chapek announced the subscriber figures on the company’s earnings call after the market close Tuesday.

Hulu, the company said in its fiscal third-quarter earnings report, now has 35.5 million subscribers to its on-demand service and live TV bundle combined, while ESPN+ is now at 8.5 million, more than triple its level a year ago.

Bob Chapek, Chief Executive Officer, The Walt Disney Company, said the following in an investor press release:

“Despite the ongoing challenges of the pandemic, we’ve continued to build on the incredible success of Disney+ as we grow our global direct-to-consumer businesses. The global reach of our full portfolio of direct-to-consumer services now exceeds an astounding 100 million paid subscriptions — a significant milestone and a reaffirmation of our DTC strategy, which we view as key to the future growth of our company.”

 

 

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