During their first-quarter earnings report, Disney announced that they’ve hit more than 28 million subscribers for Disney+ since launch along with some release date news.
“We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Thanks to our incredible collection of brands, outstanding content from our creative engines and state-of-the-art technology, we believe our direct-to-consumer services, including Disney+, ESPN+ and Hulu, position us well for continued growth in today’s dynamic media environment.”
That 28.6 million figure surpassed analyst expectations which said that Disney+ would hit 20 million by the end of 2020.
The company has said previously that they’re expecting to hit between 60 and 90 million by 2024 but they could reach those figures sooner, especially with further global expansion later this year.
Disney also said that Disney+ will launch in India on March 29th and that we could see Hulu launch in more countries in 2021.
In addition to the Disney+ figures, CEO Bob Iger announced that The Falcon and The Winter Soldier will arrive in August, WandaVision is slated for December (it was previously set for 2021 but was pushed up).
The Loki Disney+ series is currently set for a Spring 2021 debut.
The highly anticipated season two of The Mandalorian is set to debut in October.
Source: The Walt Disney Company
One reply on “Disney+ hits 28.6 million paid subscribers”
[…] Back in February, Disney beat analyst expectations (which Disney+ would hit 20 million subs by end of 2020) by hitting 28.6 million subscribers. […]