Disney Plus revealed a whopper of a subscriber update Wednesday — 50 million paying customers — flexing its ability to become a contender in the streaming services arena after a mere five months on the market.
That puts the Walt Disney Co. well ahead of schedule to hit its target of 60 million to 90 million subscribers by 2024, and a fighting step toward Netflix’s 167 million subs worldwide. So what does that mean for the streamers that are yet to come and the streamers that have only just come into being? The HBO Maxes, the Peacocks, the Quibis, the Apple TV Pluses? With most Americans confined to their homes for potentially the next month, maybe more, it’s tough not to look at Disney Plus’ smasher and wonder whether that signals success for its competitors — or whether the Mouse is nibbling at precious market share.
Wedbush equity analyst Dan Ives called the Disney Plus number “jaw dropping,...
That puts the Walt Disney Co. well ahead of schedule to hit its target of 60 million to 90 million subscribers by 2024, and a fighting step toward Netflix’s 167 million subs worldwide. So what does that mean for the streamers that are yet to come and the streamers that have only just come into being? The HBO Maxes, the Peacocks, the Quibis, the Apple TV Pluses? With most Americans confined to their homes for potentially the next month, maybe more, it’s tough not to look at Disney Plus’ smasher and wonder whether that signals success for its competitors — or whether the Mouse is nibbling at precious market share.
Wedbush equity analyst Dan Ives called the Disney Plus number “jaw dropping,...
- 4/10/2020
- by Elaine Low
- Variety Film + TV
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