Disney+ has attracted 73.7 million subscribers in its first 11 months, far exceeding the company’s expectations. Disney had previously forecast that the family-friendly streaming service would reach between 60 million and 90 million subscribers by 2024.
It hit the lower end of that threshold after just nine months. Calling it a "real bright spot" for the Disney business, CEO Bob Chapek called out the success of Disney+ during its first year.
The service, which at $6.99 per month is on the lower end of the pricing spectrum for standalone streamers, has amassed its subscribers on the strength of its content library, which includes access to animated classics, Marvel blockbusters, the Star Wars franchise and more.
Read more on hollywoodreporter.com
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