While yesterday’s headlines were certainly dominated by the news overload of Marvel, Star Wars, and Pixar projects coming from Disney in the near future. Other interesting bits came out of Disney Investor Day.
The expansion of the company’s overseas business with the new platform “Star” come on the announced success of its direct-to-consumer market share news. Across Disney+, Hulu and ESPN+ exists a subscriber base of more than 137 subscriptions. What’s more Disney+ itself has 86.8 million active subscribers since its launch in November 2019.
To put that in some kind of context, Netflix currently has 183 Million subscribers globally with over 60 Million of those in the U.S. The service which started streaming in 2007 and took until 2011 for the service to hit 23 Million subscribers. While it remains the current streaming entertainment leader, the company’s climb was a slow one.
Disney’s investor presentation showed off a road map of how it plans to leverage the audience that made Avengers Endgame one of the highest grossing films of all time and while Mandalorian was enough to get many Star Wars fans to subscribe, the slew of future projects coming to Disney+ will get millions more.
