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Entertainment Disney+ Passes 60 Million Paid Subscribers

01:30  05 august  2020
01:30  05 august  2020 Source:   hollywoodreporter.com

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Disney+ now has more than 50 million subscribers , after the service launched in India and Western Europe and as more people are inside because of Disney announced on Wednesday that Disney+ , its new video service, now has more than 50 million subscribers . That's almost twice as many as

Disney said in its fiscal Q 1 earnings report on Tuesday that its new streaming service, Disney+ , grew to 26.5 million subscribers during the quarter, up Some of those customers came through Disney 's partnership with Verizon, which is offering a free year of Disney+ to subscribers who pay for

In August last year, Disney was preparing to overwhelm D23 attendees with marketing materials and promotional discounts for soon-to-launch streamer Disney+. Now, the service is one of the few bright spots for a company that has watched its legacy businesses crumble amid the coronavirus pandemic.

Nine-month-old Disney+ added 24 million subscribers during the spring quarter, bringing its total base to 57.5 million paid subs, Disney disclosed Tuesday. That number has already ballooned to 60.5 million in early August, CEO Bob Chapek announced Tuesday.

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Disney previously forecast between 60 million and 90 million Disney+ subscribers by the end of its 2024 fiscal year. Streaming platforms are seeing a surge in viewership during the Covid-19 pandemic. Netflix last month reported 15.77 million global paid net subscriber additions but warned of an

Disney+ said it surpassed 50 million paid subscribers on Wednesday, reaching the milestone within its first five months.The streaming service launched in The company topped 28 million paid subs in February, many of those coming domestically. Disney had previously projected to reach 60 -90

Streaming video has been a lifeline for parents of young children who don’t have school or summer camp for education and entertainment during long work days. Disney+, which focuses on providing family-friendly programming, moved up the streaming release of some titles, including Frozen II and Onward, to offer more options for its subscribers while they spend extra time at home. During the April to June period, it also made blockbusters Star Wars: The Rise of Skywalker and Avengers: Infinity War available on the service for the first time.

Disney on Tuesday also said it would accelerate the streaming availability of its live-action Mulan remake, releasing the film on Disney+ on Sept. 4 for an additional $29.99 fee.

With the Nov. 12 launch of Disney+, Disney has become a formidable player in the streaming video space, though it still trails industry leader Netflix, which has 193 million subscribers worldwide. The service picked up 19 Emmy nominations in late July, the most for any newly launched streamer, including an outstanding drama series nod for Jon Favreau's Star Wars-set The Mandalorian.

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Believe it or not, Disney+ has only existed in these United States for five months. Doesn't it feel like Disney+ has been here forever, giving us streaming access Which makes their latest benchmark all the more impressive: Across the globe, Disney+ has already surpassed 50 million paid subscribers .

Disney+ is exceeding expectations with Walt Disney Studios reporting 50 million paid subscribers worldwide in less than six months since launch. When the service was about to launch, Disney projected that it would have between 60 -90 million subscribers by the end of 2024.

Disney+ has already passed the low-end of its subscriber goal. The company had originally said it hoped to hit 60 million to 90 million subs by 2024.

Looking across its streaming portfolio, Disney now has 100 million paying subscribers, Chapek said Tuesday, calling it "a significant milestone and a reaffirmation of our [direct-to-consumer strategy], which we view as key to the future growth of our company." Disney-owned Hulu, which is only available in the U.S., currently has 35.5 million subscribers. And ESPN+ has 8.5 million subs.

Disney's success in streaming is leading it to push more aggressively into direct-to-consumer businesses around the world. Chapek announced that the company will launch a new global "general interest" streamer under the Star brand that will feature Disney-owned content. "We want to mirror our successful Disney+ strategy," Chapek said on a call with investors. He explained that the company decided not to use the Hulu brand that exists in the U.S. because that service "has no brand awareness outside of the U.S." and also relies on third-party licensed content that it wouldn't have the rights to stream overseas. Disney plans to launch the new service in 2021. It's expected to disclose more details at an upcoming investor day.

Michael Porter Jr. reprimanded by Snapchat for coronavirus comments

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CNBC's Julia Boorstin reports that Disney+ now has more than 50 million paid subscribers to the service. UP NEXT. NOW PLAYING: Careers. Disney+ surpasses 50 million paid subscribers . CNBC.

Apple Music is on the way up in terms of subscriber count, and has been ever since its debut years ago. The company behind the music streaming French site Numerama has the confirmation from Apple’s own Eddy Cue that Apple Music has surpassed 60 million paid subscribers globally, with


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Rob Manfred confident MLB season will continue despite outbreaks .
Baseball has continued despite a couple of outbreaks among teams, and commissioner Rob Manfred seems confident the league will finish the 2020 season. The Marlins and Cardinals are well behind schedule because of positive COVID-19 tests, though Manfred told ESPN.com’s Jesse Rogers on Wednesday that most of the league’s players have behaved properly under tough circumstances. “I think the vast majority of our players have done a really good job adhering to what are difficult protocols,” Manfred said. “They’re contrary to the way people normally live their lives.

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