Disney+, Disney’s streaming service, is home to a lot of exclusive content, including Marvel shows like Moon Knight, Loki, and WandaVision. It has also expanded the Star Wars universe with shows like The Mandalorian and The Book of Boba Fett.
A few months ago, Disney announced plans to expand the service even further with the option to subscribe to a Disney+ plan with advertisements at a lower cost, which would (theoretically) allow more individuals to subscribe to the service. The service has continued to grow since its release in 2019, with estimates claiming that by the year 2026, Disney+ will have more subscribers than Netflix. Today, Disney met for the Fiscal Year 2022 Quarter 2 Earnings call, which provided some insight into how Disney+ is doing.
Disney reported that 7.9 million subscribers have been added to Disney+ this quarter. This brings the total number of subscribers to 137.7 million. This is a 33% increase since April of 2021.
The total number of subscriptions across all of Disney’s direct to consumer offerings is over 205 million, this includes things like Hulu and ESPN+.
Hulu reported a 10% increase in subscribers, and ESPN+ increased its subscriber numbers by 62%.
“As we look ahead to Disney’s second century, I am confident we will continue to transform entertainment by combining extraordinary storytelling with innovative technology to create an even larger, more connected, and magical Disney universe for families and fans around the world,” said Disney CEO Bob Chapek.
We’ll be bringing you more news and updates from this earnings call, so make sure to stay tuned to DFB for all the latest updates!
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