Coronavirus wrecks House of Mouse quarterly income - News Summed Up

Coronavirus wrecks House of Mouse quarterly income


One bright spot was its Disney Plus streaming service, which debuted in November in the U.S. and rolled out to the UK and other parts of Europe in April. As of May 4, the company said Disney Plus had 54.5 million subscribers. Netflix, by contrast, has 183 million subscribers worldwide, a base it has spent years building. Hulu and ESPN Plus, two other streaming servces owned by Disney, had 32.1 million and 7.9 million paid subscribers, respectively. Disney-owned ESPN and its streaming arm ESPN Plus are also suffering from the dearth of live sports during the pandemic.


Source: The Standard May 06, 2020 02:26 UTC



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