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Disney Plus Subscriber Growth to Slow in September Quarter, CEO Bob Chapek Says

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variety.com

Todd Spangler NY Digital EditorDisney Plus global paid subscribers will increase by “low single-digit millions of subscribers” for the quarter ending September 2021, Disney CEO Bob Chapek said.The Disney Plus core market sub growth (excluding Hotstar) will continue both domestically and internationally, “but we hit some headwinds,” Chapek said at the Goldman Sachs Communacopia conference Tuesday.Chapek’s signal that Disney Plus will slow down in the current quarter, which is Disney’s FY Q4 2021, comes after the direct-to-consumer service rebounded in the second calendar quarter of the year, netting 12.4 million net new subscribers to stand at 116 million worldwide as of July 3 — beating analyst targets.“The quarter-to-quarter business is.

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