Disney stock soared on Friday after it said Disney+ hit 87 million subscribers
The growth after just one year compares to Netflix s 195 million
Disney s flood of new announcements also saw 100 new titles unveiled
Latest Star Wars offerings include two more series based on The Mandalorian
Kardashian family has signed a deal with Disney-owned Hulu after leaving E!
Disney will also produce a Buzz Lightyear prequel and a Black Panther sequel
Disney has unveiled plans for ten new Star Wars spinoffs and another ten Marvel shows in a massive expansion of its streaming content as it aims to lure millions of new viewers to its subscription service Disney+.
The barrage of new announcements - with 100 new titles unveiled in all - also includes 15 new live-action, animated and Pixar series as Disney ramps up its efforts to outperform Netflix, HBO Max and Amazon Prime in the streaming world.
With Covid-19 shutting cinemas and making people desperate for entertainment at home, the TV and movie industry is banking on streaming, with Warner Bros announcing last week that all of its 2021 films would debut on HBO Max.