Walt Disney Co.'s key streaming service Disney+ has surpassed 100 million subscribers in the 16 months since it launched, Chief Executive Bob Chapek said during the company’s annual shareholder meeting Tuesday. The subscriber count is up from the 94.9 million accounts Disney reported last month for the quarter that ended in January. Disney in December unveiled an aggressive plan to ramp up programming for the service to 100 new titles a year. Iger had a total compensation package worth $21 million in fiscal 2020, representing a 56% decline from the prior year. “Raya,” which opened last weekend, didn’t show in Cinemark cinemas because the theater chain rejected Disney’s terms on splitting box office revenue.

Source: Los Angeles Times March 09, 2021 20:12 UTC