Disney Plus Hits 116 Million Subscribers
It's been a huge year of growth for Disney+ and Hulu.
Disney+ grew to 116 million paid subscribers, as of July 3, 2021, as detailed in a press release detailing the earnings for the third quarter of 2021. This number is up 13 million from the last quarter.
Disney+ sat at 57 million subscribers in late June 2020, gaining 59 million more over the ensuing year. These numbers also include Disney+ Hotstar, the streaming service which launched in April 2020 in India, September 2020 in Indonesia, June 2021 in Malaysia, and late June 2021 in Thailand.
Disney's rollout in these Asian markets, along with the release of Pixar's Luca, Marvel's The Falcon and the Winter Soldier, and Marvel's Loki contributed to these sign-ups. Additionally, Premier Access movies, like Black Widow, Cruella, and Jungle Cruise, likely contributed to more sign-ups as well.
Hulu also saw some growth the past year, and it now sits at 42 million subscribers--this number includes Live TV users as well--up from 35 million last year. It's important to note that Hulu is available in the United States, while most other countries have access to Hulu's offerings through Hotstar.
During a conference call, Disney CEO Bob Chapek stated that movie releases on Disney+ through Premier Access will not be the standard for every new film. "We have the distribution teams determining the right strategy to enable us to reach the broadest possible audience. Just to reiterate, distribution decisions are made on a film-by-film basis based on the global market health conditions and consumer behavior."
Disney+ has plenty of original content coming down the line. This includes a new Home Alone movie, more episodes of What If...?, The Book of Boba Fett, and a Nat Geo show starring Will Smith called Welcome To Earth--yes, just like his line from Independence Day.
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