Disney + already has it fulfilled its five-year plan. The streaming service has recorded a new high in subscribers, as in the course of the quarterly report was communicated.
Due to the corona pandemic, the Disney group is facing significant financial losses this year (DF reported). While business with amusement parks and vacation resorts is idle, Disney can look forward to growing popularity with its streaming services. Disney + currently has 60.5 million subscribers around the world, according to Disney CEO Bob Chapek. The numbers are already in the range of 60 to 90 million.
This range is said to have been targeted by 2024. The streaming service has already fulfilled its original five-year plan after about eight months. It was only in April that Disney + announced that it had exceeded the 50 million mark. Since then, the numbers have continued to rise. The reason for this is likely to be the release of the musical “Hamilton”, which once again brought the streaming service (despite the Corona crisis) a whole lot of new subscribers.
This means that Disney + continues to develop into a major competitor for established streaming services such as Amazon Prime or Netflix. For comparison: Disney has already reached about a third of the subscribers that Netflix has been able to win over the years with its platform. And Disney seems to be doing everything it can to keep winning new customers. The premium VoD release of the “Mulan” remake announced yesterday could be a decisive guide. Together with ESPN + and Hulu, the Disney streaming services together have around 100 million subscribers, according to the quarterly report.