Disney+, the corporation’s video-on-demand subscription service, currently has more than 103 million paying users worldwide, the company said in its second-quarter earnings update.
Since March, the subscription service has added more than three million users.
In April 2020, Disney+ had only 33 million users, indicating that the service has grown exponentially in the year and a half since launch, MacRumors posted.
As Disney+ launched, the organization stated that it aimed to attract 60 to 90 million subscribers by 2024, a goal is achieved by the end of 2020, according to the article.
Disney also anticipates that Disney+ will have 230 to 260 million viewers globally by 2024, surpassing Netflix.
Netflix now has 207 million viewers, while Hulu has 41.6 million.
Disney+ released concurrently with Apple TV+, however, has expanded significantly faster due to the available back catalog of Disney, Marvel, and Star Wars material.
Disney has set a goal of releasing more than 100 new games each year in the following categories: Disney Animation, Disney Live-Action, Marvel, Star Wars, and National Geographic.
Apple has never disclosed its aCEApple TV+aCE subscription figures, so there is no clear reference, but Apple’s subscriber numbers are nowhere near Disney’s due to Apple’s continued usage of free trials, the study said.