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Disney+ now has 103M paid subscribers

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.

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Written by Ankur J Kakoti

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