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Disney+ Tops 86 Million Subscribers

Disney execs give updates on Hulu and ESPN+ subscribers as well

Disney+ now has 86.8 million subscribers, the company announced Thursday during its investor day.

That new subscriber figure is as of Dec. 2, CEO Bob Chapek said. During its most recent quarterly earnings, Disney+ had more than 73 million subscribers globally as of Sept. 30.

The company had already reached the projected 60-90 million subscribers it expected to have by 2024. It has now reached the top end of that projection.

Disney+ debuted on Nov. 12, 2019 with 10 million sign-ups on its first day. The streaming service launched with originals including “The Mandalorian,” a “High School Musical” TV series and a live-action “Lady and the Tramp” film.

Over the next few years, the company expects to roll out 10 more “Star Wars” series, 15 live-action Disney films, 15 Pixar films and over 10 different Marvel series, including the upcoming “WandaVision,” which debuts on Jan. 15.

Approximately 30% of Disney+ subscribers come via its integration within India’s Hotstar.

As far as Disney’s other streaming services, Hulu has 38.8 million subscribers, while ESPN+ has 11.5 million subscribers. All told, Disney has more than 137 million subscribers among its direct-to-consumer properties.

Disney now expects, between all of its streaming services, to reach between 300-350 million subscribes by 2024.

“The tremendous success we’ve achieved across our unique portfolio of streaming services, with more than 137 million subscriptions worldwide, has bolstered our confidence in our acceleration toward a DTC-first business model,” said Disney CEO Bob Chapek in a statement. “With our amazing creative teams and our ever-growing collection of the high-quality branded entertainment that consumers want, we believe we are incredibly well positioned to achieve our long-term goals.”