[12/10/20 - 05:26 PM]
The Walt Disney Company Surpasses 137 Million Paid Subscriptions Across Its Direct-to-Consumer Services, Shattering Previous Guidance
After greatly exceeding expectations, The Walt Disney Company shared guidance that it now expects its streaming services to hit 300-350 million total subscriptions by fiscal 2024, driven primarily by a significant increase in content output.
[via press release from The Walt Disney Company]
The Walt Disney Company Surpasses 137 Million Paid Subscriptions across its Direct-to-Consumer Services, Shattering Previous Guidance; Increases Paid Subscriptions Target to 300-350 million by 2024
Company Announces Target of 100+ New Titles Per Year for Disney+ and Reveals Vast Slate of Incredible Content from Disney, Pixar, Marvel, Star Wars and National Geographic
The Mandalorian | Disney
The Walt Disney Company announced a mammoth slate of titles to be released across its streaming platforms, including Disney+, Hulu, and ESPN+, on Thursday. Disney Chief Executive Officer Bob Chapek, Executive Chairman Bob Iger, and Senior Executive Vice President Christine McCarthy made the announcements on Thursday as part of their Investors Day programme. The targets include over a hundred original titles for Disney+ every year and up to 350 million subscribers by 2024.
Among the titles are live-action and animated projects, which are primarily sequels, prequels, spin-offs, and reboots based on Disney’s inventory of lucrative intellectual properties. Many of the projects emanate from the Star Wars and the Marvel Cinematic Universe. Some of these will be out in 2021.