Disney+ posts 26.5 million paid subscribers, beats estimates
- Walt Disney Co’s new streaming service Disney+ reached 28.6 million paying subscribers this week, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts.
Netflix, which began delivering online video 13 years ago, boasts 67.7 million paid subscribers in the United States and Canada. Speaking on CNBC television, Iger said 50% of Disney+ subscribers came from the company’s own website. He said the service did not experience significant churn after the end of “Star Wars” series “The Mandalorian,” which will return for a second season in October.
The parks, experiences and products division posted operating income of $2.3 billion, up 9% from the prior year.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Disney+ drops surprise look at Marvel shows during Super Bowlhttps://www.youtube.com/watch?v=62EB4JniuTc The Marvel Cinematic Universe is going from cinemas to the small screen. Disney+ dropped a surprise look at three…
Read more »
Disney+ Shows Off First Marvel Shows During Super BowlDisney+ debuted the first look at Marvel's FalconAndTheWinterSoldier, Loki and WandaVision during the SuperBowl. Watch:
Read more »
‘Mulan’ Super Bowl Spot: Disney Delivers Final Action-Packed Empowering Trailer For Live-Action RemakeAfter conquering the box office last year with industry records of $3.76 billion domestic, $11.1B global off a slate of big IP, Disney comes alive on March 27 with their first live-action feature o…
Read more »
Why Create & Cultivate Joined Forces With Disney To Honor And Spotlight Minnie MouseDisney and Create & Cultivate joined forces because of their shared commitment to empowering female leaders to pursue their passions and create and cultivate the career and life of their dreams through honoring Minnie Mouse.
Read more »
Wait for it: Disney is bringing Broadway’s ‘Hamilton’ to the big screenThe Hamilfilm of the original cast performing the show on stage hits theaters October 2021.
Read more »