Disney + has over 60.5 million paying subscribers – IT Pro – News

About nine months after Disney + started in the Netherlands, the streaming service has now reached more than 60.5 million paying subscribers. That number was 50 million paying subscribers in April.

The official report for the quarter ended June 27 reports 57.5 million paying subscribers, but Disney CEO Bob Chapek mentioned the most recent figure of 60.5 million paying subscribers during a oral explanation on the quarterly figures.

In April, that number was still up 50 million subscribers and in February on 28 million. According to Chapek, the growth is much higher than what his company had anticipated. The corona crisis will have played a role in this, but also the ever-expanding streaming service to more and more countries.

On September 15, the service will be available in eight new European countries: Belgium, Portugal, Norway, Denmark, Sweden, Finland, Iceland and Luxembourg. Disney + started with one in September last year two-month trial period in the Netherlands and is officially available since November 12. The service was also released in the US at the time.

The quarterly figures show that Disney has a total of more than 100 million subscribers when sports channel ESPN and the American streaming service Hulu are included. Disney + accounts for 57.5 million subscribers in the quarterly figures, and Hulu and ESPN account for 35.5 and 8.5 million subscribers, respectively.

Disney’s revenue was $ 11.8 billion in the past quarter, down 42 percent from the same quarter in 2019, due in part to the corona pandemic, which caused several of the company’s theme parks to run throughout the year. were closed in the quarter. The company made a loss of $ 4.7 billion, compared to a profit of $ 1.4 billion a year ago.

–