City
Epaper

Disney+ Streaming service gains 54.5mn subscribers globally

By IANS | Updated: May 7, 2020 18:20 IST

Disney+ Hotstar, the rebranded streaming service in India, has approximately 8 million paid subscribers, the company reported last month.

Open in App

Disney's video on-demand streaming service Disney Plus (Disney+) has garnered 54.5 million subscribers worldwide, up 21 million from the 33.5 million it last reported on March 28.

Disney's significant growth earlier this year came from launches of the service in the UK, Ireland, Germany, Italy, Spain, Austria, France, Switzerland, and India, the company disclosed during its quarterly earnings call.

Back in February, Disney+ was estimated to have 28.6 million paid subscribers. The new numbers indicate that Disney+ is on its way to double the base in just about three months.

Disney+ originally set a target of 60 million to 90 million subscribers by the end of fiscal 2024, when it was first launched in the US in November.

Disney on April 3 launched Disney Plus (Disney+) in India via Hotstar, a popular on-demand video platform, at a starting price of Rs 399 a year.

Disney+ Hotstar, the rebranded streaming service in India, has approximately 8 million paid subscribers, the company reported last month.

Meanwhile, Netflix also added 15.77 million subscribers to its tally during the last quarter, taking its overall subscriber base to 182.9 million globally.

( With inputs from IANS )

Tags: Disney plusDisney
Open in App

Related Stories

InternationalESPN Acquires NFL Network, Media Assets in Exchange for 10% Equity Stake

EntertainmentDisney Layoffs: US Entertainment Giant to Cut Hundreds of Jobs in TV, Film and Corporate Finance

EntertainmentRashmika Mandanna and Her New BFF Stitch in One Frame! Where Are They Holidaying?

NationalJioStar Layoffs: Reliance-Hotstar Merger to Cut Over 1,000 Jobs

EntertainmentDisney Debuts First Look For “TRON: ARES”

Technology Realted Stories

TechnologyPiyush Goyal engages with global leaders, outlines 3 pillars to boost partnerships

TechnologyPune Labour Commissioner summons TCS over multiple layoff complaints by NITES

TechnologyIITF 2025: IT Ministry showcases India's inclusive AI initiatives

TechnologyNLDSL, Andhra Pradesh join hands to develop dashboard on state’s logistics operations

TechnologyIndian biosphere reserves testament to how culture, sustainable development can coexist