Disney Plus hits 118.1 million subscribers but member growth slows sharply


006-disney-disney-plus-logo-on-phone-and-ipad-cnet-2021

Disney Plus has stood out as the most successful new service in the so-called “streaming wars.”


Sarah Tew/CNET

Disney Plus grew to 118.1 million subscribers as of Oct. 2, Disney said Wednesday. That’s a 60% jump from a year earlier, but it also means Disney Plus added only 2.1 million new members in the three-month fiscal quarter, a sharp slowdown. It coincides with a programming dry spell on Disney Plus, when the service premiered programs like Star Wars and Marvel animated shows and a Billie Eilish special but was light on breakout, gotta-see-it programs like The Mandalorian or Loki earlier this year. 

By comparison, Netflix, the biggest subscription video service in the world, had nearly 214 million global members at the end of September. Netflix, though, accumulated its massive subscriber base in the decade-plus since it started streaming. Disney Plus launched less than two years ago. 

Wednesday, Disney also noted that Hulu subscribers grew to 43.8 million and that ESPN Plus membership rose to 17.1 million. 

This is a developing story. Check back for updates. 


Now playing:
Watch this:

Amazon’s MGM takeover is big for Prime Video — but not…



3:34



Source link

Latest

Reasons Why You Need A Business Laptop

Every business needs a laptop, especially if you’re running your own company. From taking notes to keeping records, a laptop is essential for every...

Asian shares push higher, dollar eases

Article content SYDNEY — Asian shares rose early on Tuesday, shrugging off worries about an increase in regional coronavirus infections and a subdued...

PostgreSQL vs. MongoDB: Evaluating Database Structure, Speed, and More

October 13th 2021 It’s been over 10 years since MongoDB was released, but the NoSQL vs. NoSQL debate rages on. NoSQL...

How to become a successful Nutritionist?

With the surge in lifestyle diseases owing to numerous behavioural risk factors, the demand for nutritionists is skyrocketing globally. In addition, people have become...