Disney+ closes in on 30 million subscribers

Hanno Labuschagne

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Disney+ closes in on 30 million subscribers

Walt Disney Co.’s crusade to become a streaming giant is off to a swift start.

Subscribers to the new Disney+ online service soared to 28.6 million by early February, suggesting the company founded nearly a century ago can challenge Netflix Inc. in the crowded market for online TV. Analysts were forecasting a year-end total of 20.8 million, according to the Bloomberg Consensus.

The surge marks an early success for Chief Executive Officer Bob Iger and his plan to reinvent the company. With three streaming services -- Disney+, ESPN+ and Hulu -- Iger has firmly steered Disney into on-demand viewing and away from conventional TV. But it’s coming at a cost: Disney said fiscal first-quarter profit fell -- in part due to outlays for new online movies and TV shows.

[Bloomberg]
 

Herr der Verboten

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Disney+ closes in on 30 million subscribers

Walt Disney Co.’s crusade to become a streaming giant is off to a swift start.

Subscribers to the new Disney+ online service soared to 28.6 million by early February, suggesting the company founded nearly a century ago can challenge Netflix Inc. in the crowded market for online TV. Analysts were forecasting a year-end total of 20.8 million, according to the Bloomberg Consensus.

The surge marks an early success for Chief Executive Officer Bob Iger and his plan to reinvent the company. With three streaming services -- Disney+, ESPN+ and Hulu -- Iger has firmly steered Disney into on-demand viewing and away from conventional TV. But it’s coming at a cost: Disney said fiscal first-quarter profit fell -- in part due to outlays for new online movies and TV shows.

[Bloomberg]
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Lupus

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This will just make other studios look at the streaming pie and go oooh we want some of that. Than in order to watch all the stuff you want, you'd have to be subscribed to HBO, Disney +, Netflix, CBS Access, Hulu, Amazon Prime. But I guess you could subscribe when you want something and not when you don't.
 

Herr der Verboten

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This will just make other studios look at the streaming pie and go oooh we want some of that. Than in order to watch all the stuff you want, you'd have to be subscribed to HBO, Disney +, Netflix, CBS Access, Hulu, Amazon Prime. But I guess you could subscribe when you want something and not when you don't.
Gog will fix that ;)
 
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