Disney+ has only been available for three months, but it’s already a bona fide success.
In an earnings call on Tuesday, CEO Bob Iger stated that Disney’s meteoric streaming service hit 26.5 million subscriptions at the end of Disney’s Q1 2020. On that call, Iger said that Disney+ had since grown to 28.6 million paid subscribers by Monday.
Disney+ garnered 10 million subscribers within 24 hours of its launch back in November and has continued to grow ever since. The bevy of classic Disney cartoons and movies has spurred the growth, as have new hit series like The Mandalorian.
In addition to Disney+, Disney’s other streaming services saw excellent year-over-year growth. Hulu, which Disney bought in May 2019, grew its subscriber base by 33%. Of that growth, Hulu’s Live TV and Streaming Video-on-Demand (VOD) saw a massive 88% bump in subscribers over December 2018, owing in part to Disney’s aggressive marketing and content production strategy. ESPN+ saw even greater success, growing from 1.4 million subscribers at the end of 2018 to 6.6 million at the end of 2019.
Do you subscribe to Disney+? What drew you to the platform? Let us know in the comments.
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