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Disney+ tops 100 million subscribers just 16 months after launch


Elizabeth Olsen and Paul Bettany star as Wanda Maximoff and Vision in Marvel’s “WandaVision.”

Disney

Disney+ has topped 100 million world subscribers.

On Tuesday Disney CEO Bob Chapek revealed the streaming service surpassed the benchmark in just 16 months since its launch.

“The enormous success of Disney+, which has now surpassed 100 million subscribers, has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content,” Chapek mentioned in assertion.

Disney’s streaming service has launched numerous common TV sequence since its launch together with two seasons of “The Mandalorian” and its first Marvel sequence “WandaVision.” Both have been top-viewed content material, in keeping with stories from Nielsen, and have pushed sign-ups for the service.

Disney has made its Disney+ service a vacation spot for family-friendly favorites and the one place Marvel and Star Wars followers can see content material that straight connects to blockbuster theatrical options.

The firm reached this milestone just months after Disney advised buyers it deliberate to push extra closely into streaming. In October, the corporate started restructuring its media and leisure divisions to focus extra on Disney+.

Around that point, Disney shared plans for round 100 movie and tv tasks, round 80% are set to go on to Disney+. This consists of practically a dozen Marvel sequence and greater than 10 Star Wars reveals.

Disney+ exceeded the corporate’s preliminary subscriber aim of 60 million to 90 million by 2024 again in November, forcing it to reforecast. The firm expects Disney+ can have 230 million to 260 million subscribers by 2024

The streaming service has seen fast development in subscribers since its launch in November 2019. On day one, the corporate had 10 million sign-ups and, by the top of the primary quarter, the service had secured 26.5 million subscribers.



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