(Pic from Pixabay)WALT Disney Co’s new streaming service Disney+ reached 28.6 million paying subscribers this week, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts. Analysts at three brokerages had expected more than 20 million subscribers to Disney+, which is available in five countries including the United States. Disney+ will be available in India on March 29 through streaming service Hotstar. Subscribers at Hulu, a streaming service Disney now controls, climbed to 30.7 million as of Monday, the company said. Operating income in Disney’s media unit, home to ESPN, the Disney Channels and ABC, rose 23% to $1.6 billion.

Source: New Strait Times February 05, 2020 00:22 UTC