When Disney first laid out its streaming strategy during an April 2019 investor day, it forecast that it could attract a whopping 60 million to 90 million subscribers to Disney+ within the service's first five years.
In a follow-up presentation on Dec. 10, the company revealed it was at the high end of that range in just 13 months. Disney+ had 86.8 million subscribers as of Dec.
2, CEO Bob Chapek told investors at the beginning of the four-hour investor day presentation, which promised to offer a flurry of news about the company's streaming future.
Disney launched Disney+ on Nov. 11, 2019, with much fanfare. Though the new service was light on original programming, Star Wars series The Mandalorian — and a certain child — became an early.
Read more on hollywoodreporter.com
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