It looks like Disney Plus' momentum won't slow down anytime soon, as the streaming service hits 100 million subscribers worldwide, Disney CEO Bob Chapek revealed yesterday at the company's annual shareholder meeting. Disney reported a subscriber base of 94,9 million last month, and the recent launch of Disney Plus in Singapore, as well as the addition of its new Star brand in various territories outside the US, is likely to have contributed to the increase in new members. . Even more impressive, this huge milestone was reached less than a year and a half after the service launched, far exceeding Disney executives' initial forecasts of 60-90 million subscribers by 2024.
Full steam
According to Chapek, the company "has set a goal of more than 100 new titles per year, including Disney Animation, Disney Live Action, Marvel, Star Wars and National Geographic." The CEO went on to explain that "the enormous success of Disney Plus has inspired us to be even more ambitious and significantly increase our investments in developing high-quality content." "Our direct-to-consumer business is the company's top priority, and our strong content portfolio will continue to fuel its growth," Chapek said, and it's not hard to see why, as Variety reports, the growth of Disney Plus has fueled the company. share price at all-time highs, closing at €201,91 on Monday, a significant jump from its €79 price in March 2020. Not a Disney Plus subscriber yet? You can register now with any of the following options. Today's best Disney Plus deals