‘Star Wars,’ ‘Pinocchio’ and More as Disney Leans Sharply Into Streaming - News Summed Up

‘Star Wars,’ ‘Pinocchio’ and More as Disney Leans Sharply Into Streaming


A significant percentage of Disney+ subscribers — nearly 30 percent — come from India, where the monthly subscription price is much lower. The company’s updated growth forecast: Disney+ will reach between 230 million and 260 million subscribers by 2025. Many analysts initially thought it would be lucky to achieve 55 million subscribers within five years. Building streaming services is monstrously expensive, and Disney now has four: Disney+, Hulu (39 million subscribers), ESPN+ (11.5 million) and Star+, an overseas version of Hulu that will roll out in Latin America in the coming months. In addition, traditional entertainment companies like WarnerMedia, ViacomCBS, NBCUniversal and Discovery Communications are determined to compete with a far-out-in-front Disney for streaming subscribers.


Source: New York Times December 10, 2020 22:52 UTC



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