While Netflix’s hemorrhaging 200,000 subscribers in the first three months of the year had some in the industry thinking streaming might have some headwinds ahead, now comes news that Disney+ beat Wall Street expectations.
According to an earnings call for ABC News’ parent company, Disney, it was revealed that Disney+ now has nearly 138 million subscribers, adding nearly 8 million in the first three months of 2022 alone. Wall Street anticipated its subscriber growth to be in the neighborhood of 5 million.
All told, Disney+ numbers bumped up 33% from last year.
Buoyed by hits like Marvel Studios’ Moon Knight, and Lucasfilm’s The Mandalorian, and the upcoming Obi-Wan Kenobi, the streaming service isn’t slowing down, says CEO Bob Chapek. He predicts some 230 million to 260 million subscribers by the end of 2024.
Disney-partnered property Hulu attracted 45.6 million subscribers; Disney-owned ESPN+ now has 22.3 million subscribers, it was also revealed. Both streaming services saw increases over last year.
Copyright © 2022, ABC Audio. All rights reserved.
Related Posts
May the cash be with you: Julien’s putting massive trove of ‘Star Wars’ stuff on the auction block
May 3, 2024
Julien's AuctionsTimed in anticipation of May 4's Star Wars Day, Julien's Auctions and Turner…
New Music Friday: Meghan Trainor, Sia and more
May 3, 2024
This week's New Music Friday features new singles from big names and notable album releases from…
NBC renews ‘Night Court’ reboot for a third season
May 3, 2024
NBC/Nicole WeingartNight Court will stay in session at NBC. The network announced on May 3 that the…
Nicholas Galitzine on how BTS inspired his role in ‘The Idea of You’
May 3, 2024
Alisha Wetherill/PrimeNicholas Galitzine plays Hayes Campbell, the lead singer of the fictional boy…
Fourth season of ‘Emily In Paris’ will be split in two
May 3, 2024
Netflix/Stephanie BranchuOn Friday, May 3, the cast of Netflix's Emily In Paris teased the show's…
Survey says 92 minutes is Americans’ ideal movie length
May 3, 2024
Getty/Klaus Vedfelt(NOTE LANGUAGE) After marathon movies like the Oscar-winning Oppenheimer and the…
Reality Roundup: ‘Gypsy Rose: Life After Lockup’ trailer, Andy Cohen on ‘Vanderpump Rules’ break and more
May 3, 2024
Have no fear, your reality roundup is here! Here's a look at what happened in the world of reality…
On Saturday, May the Fourth be with you. It’s ‘Star Wars’ Day!
May 3, 2024
Saturday, May 4, is Star Wars Day, and the official website of that galaxy far, far away is helping…