Disney Announces that Disney+ Streaming Media Service Subscribers Has Exceeded 73 Million

Recently, Disney announced its Disney + streaming service. As of October 3, 2020, its subscribers have exceeded 73 million, which is far beyond the initial target.

According to Disney’s fourth quarter earnings results, the subscription service has attracted 73.7 million subscribers since its launch in November 2019. The media giant initially predicted that Disney+ will reach 60 to 90 million global subscribers by the end of fiscal year 2024.

Disney CEO Bob Chapek said: "The real highlight is our direct-to-consumer business, which is critical to the future of our company. On the first anniversary of Disney+’s launch, we are pleased to announce that as of the fourth At the end of the quarter, the service had more than 73 million paying users, which far exceeded our expectations in the first year alone.” In addition, Disney reported that as of October 2019, its total number of Hulu users reached 36.6 million, a high 28.5 million in September 2019.