Disney + now has more than 103 million global paid subscribers, Disney said today in its second-quarter earnings report. [PDF]. The streaming service has gained more than three million subscribers since March, which was the last time subscriber details were shared.
In April 2020, Disney + had just 33 million subscribers, so the growth of the service has been astronomical, exceeding all expectations in the year and a half since its launch. When Disney + first debuted, Disney said it wanted to reach 60 to 90 million subscribers by 2024, a milestone it reached before the end of 2020.
Disney now expects to have 230 to 260 million subscribers worldwide by 2024, which will see Disney + overtake Netflix. Right now, Netflix has 207 million subscribers and Hulu has 41.6 million subscribers.
Disney + launched at the same time as Apple TV +, but has grown much more rapidly given the previous catalog of Disney, Marvel and Star Wars content available, along with new TV shows such as “The Mandalorian”, “WandaVision” and ” The Falcon and the Winter Soldier «.
Moving forward, Disney has set a goal of more than 100 new titles per year across Disney Animation, Disney Live Action, Marvel, Star Wars, and National Geographic.
Apple has never provided details on Apple TV + subscribers, so no direct comparison can be made, but Apple’s subscriber numbers don’t come close to Disney’s because Apple still has a lot of people on free trials. that have spread continuously. Apple is also reimbursing Apple TV + subscribers due to free trial offers, and plans to do so through July.
Apple is working hard to beef up its selection of original movies and TV shows, but it will be several years before Apple TV + has a catalog that can compete with other streaming services.
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