The Company also shared that Disney+ has surpassed 86 MILLION subscribers and now expects that it will get MILLIONS more in the next few years. Just how many subscribers does Disney expect to get and how much money is it spending on new content? We’re breaking it down for you here.
There have been SO many announcements for Disney+ at the Walt Disney Company’s Investor Day today!
We’ve gotten a sneak peek at several projects and we now know that many upcoming movies will go straight to Disney+. One of the films coming to Disney+ right away is the previously announced Peter Pan and Wendy!
Walt Disney Animation has brought us some serious favorites over the years.
Most recently, we’ve fallen in love with Frozen 2, Ralph Breaks the Internet, and Moana. We’ve been looking forward to the next film on the docket, Raya and the Last Dragon, and now, Disney has announced what’s next in the line-up!
But, we’re not the only ones. Disney+ has millions of subscribers! Just how many millions? Well, Disney gave us an update during today’s Investor Day conference.
We’re coming to the end of a financially unprecedented year for the Walt Disney Company.
We’ve been looking forward to the upcoming investor day since the Q4 and Fiscal 2020 Earnings Call last month. The company has lost billions of dollars due to the global health crisis and now, they’ll be explaining their plans for the financial future to investors. But what can we expect?
There’s a lot of change happening with Disney entertainment — most recently, we learned that Radio Disney would shut down early next year.
We’ve also previously learned that Disney is shifting a lot of its entertainment focus to its streaming subscription service Disney+.
This year has been filled with challenges, and that’s certainly true for The Walt Disney Company as well.
We’ve seen a massive restructuring in the entertainment aspect of the company; and Disney theme parks around the world temporarily closed, some reopened, and then some closed again. We’ve also seen large layoffs announced for the Parks, Experiences and Products division. But, today, just days ahead of Disney’s Virtual Investor Day, Disney stock is trading at some of the highest values its seen all year.