Disney+ amassed 26.5 million Disney+ subscribers in the first three months since it launched, far exceeding the 20 million estimate that analysts suggested Disney would make by the end of 2020.
“We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations,” CEO Bob Iger said in the release.
The subscriber growth helped Disney beat its overall earnings, coming in at $28.6 billion in revenue, above the projected. Disney’s direct-to-consumer division, which is where streaming exists, saw a growth of $0.9 billion to $4 billion in the quarter. Disney’s announcement comes just one week after Apple notably did not release numbers for its streaming service, Apple TV Plus, in its own…tech, The Verge, The Verge - All Posts