DISNEY+ OVER 100 MILLION

The 100 million mark was passed on March 10.

However, the figures still disappointed Wall Street, which was expecting greater growth. The apparent sluggishness was blamed in part on the early end to the Indian Premier League to which Disney holds the domestic rights.

The average subscriber is paying a monthly $3.99 for the package that also includes content from National Geographic and the recently launched entertainment-based Star+.

 

Results at Disney+ were comparable with prior year quarter of 33.5 million subscribers, but as the subscriber base increases, so do programming and production, marketing and technology costs.

 

Disney plus

Revenues at international channels decreased by 4% – Disney is closing a number of its linear channels in favour of Disney+.

Interestingly, while Hulu was stable, the ESPN+ streaming service increased its base by 75% to 13.8 million.

Disney plus growth

The number would have been unthinkably impressive over a year ago, but the streaming service’s growth was so robust over the past year, Wall Street estimates put the forecast at 110 million.