Disney Plus now claims over 54 million subscribers, with a huge increase occurring during the past five weeks, a 62 percent rise…
Before Disney released its streaming service in November of last year, analysts predicted Disney+ would reach between 10 and 18 million subscriptions in its first year and 60 to 90 million subscribers over five years time. However, it amassed 10 million subscriptions in just 24 hours. Then, it surpassed 28.6 million less than 3 months later. Now, it’s hit a new figure, only six months since its launch in the United States.
Disney Plus Now has 54.5 Million Subscribers, Increasing 62 Percent Over Five Weeks
Disney+ now has over 54.5 million subscriptions, according to its recent quarterly earnings report. That’s a jump of 62 percent in a five week time span, which can at least partly be attributed to the COVID-19 pandemic outbreak and subsequent quarantines occurring all over the globe.
As recently as the end of March, Disney+ had approximately 33.4 million subscriptions. But, it’s risen by 21 million in just over a month’s time frame. Another contributing factor to this huge leap is the streaming service’s expansion into UK, Spain, Italy, Germany, Ireland, Austria, and Switzerland on March 24th.
By comparison, to put this in prospective, Netflix had over 182 million subscribers worldwide in the first quarter of 2020. Of those, nearly 70 percent, 69.9 percent, are in the United States. Netflix began streaming titles back in 2007, thirteen years ago.