It has been a few months since we last heard how well Disney+ is doing. But, it turns out that things are still looking quite positive for the House of Mouse and its streaming efforts.
Today, Disney officially announced the results of its first fiscal quarter of 2021. It was a lucrative stretch of months for Disney, all told. Even as the company continues to feel the pains of the ongoing coronavirus pandemic. When it comes to streaming, though, it’s all rainbows and butterflies.
According to Disney’s results, Disney+ has reached 94.9 million paid subscribers. For those keeping track, that means Disney+ has amassed almost 20 million new subscribers since early December of last year. At that time, it was confirmed Disney+ had reached 86 million paying subscribers before the end of 2020.
What’s still crazy about all of this is Disney’s early projections for its fledgling streaming service. Before Disney+ arrived, the company expected that, by the end of 2024, it would have between 60 to 90 million paying subscribers. Now, here we are just over a year after the service’s launch, and Disney+ is squashing expectations.
Disney’s new projections for 2024? Anywhere between 230 million and 260 million subscribers.
The company is not slowing down on streaming anytime soon, and it’s obvious that it shouldn’t.
Are you Disney+ subscriber? If so, are you happy with the monthly cost?