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Disney+ Exceeds Expectations With 26.5 Million Subscribers

By February 5, 2020 No Comments

Saying the service “exceeded even our greatest expectations,” Walt Disney Company Chairman and Chief Executive Officer Robert A. Iger announced this week that the company’s new streaming service, Disney+, now has more than 26.5 million subscribers and $28.6 billion in revenue to date – both above projections.

The numbers were announced during the company’s first-quarter 2020 earnings report, where Iger said “We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations. Thanks to our incredible collection of brands, outstanding content from our creative engines and state-of-the-art technology, we believe our direct-to-consumer services, including Disney+, ESPN+, and Hulu, position us well for continued growth in today’s dynamic media environment.”

Disney+ launched last November and saw immediate success. It was downloaded over 3 million times the first day and surged to 10 million subscribers just a day after launch. The streaming service was the top trending Google search of 2019 thanks to breakout hit The Mandalorian – and it hasn’t even launched in Europe yet.  That’s still a long way from the 167 million global subscribers to Netflix, but it’s certainly a good start for Disney.

As more of the Disney, Marvel, Pixar, and Star Wars catalogs move to the service over the coming months, you can expect that number to rise.

Artie Beaty

Author Artie Beaty

Artie Beaty is a freelance writer (and unabashed Chicago Cubs fan) from Charlotte, NC. He has almost 15 years experience freelancing. Email him at artiebeaty@streamingobserver.com. Disclosure: Streaming Observer is supported by readers. Articles may contain referral links. For more information, see the disclosure at the bottom of the page.

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