OTT

Disney+ reports over 100% increase in subscribers since last year


BURBANK, Calif. – The Walt Disney Company announced yesterday its third quarter results, which show the number of paid Disney+ subscribers hit 116 million as of July 3, 2021. This represents just over a 100% increase from the 57.5 million paid subscribers recorded on June 27, 2020. “Our direct-to-consumer business is performing very well,” said Bob Chapek, CEO of the Walt Disney Company, in a press release. The company reported “nearly 174 million subscriptions across Disney+, ESPN+, and Hulu at the end of the quarter, and a host of new content coming to the platforms,” he said. Disney+ is continuing...