Disney Plus Streaming is Ready to Hit 100 Million Subscribers

In only a yr and a half, because it launched, Disney Plus is already on the verge of reaching 100 million subscribers – half of what Netflix gained in over a decade – in a tenth of the time.

According to Disney, its streaming service now has 94.9 million subscribers around the world, a number the company predicted it will hit someday in 2024.

That determine was introduced today as a part of Disney’s 2021 Q1 earnings report the place the corporate stated Disney Plus had gained around eight million new subscribers in just the final two months, since its investor day occasion held in December.

Part of that, most likely, got here from the season finale of The Mandalorian and launch of WandaVision, in addition to the Disney/Pixar hit, Soul. With extra big-budget reveals and movies simply on the horizon, Disney has some strong momentum and is closing the hole to Netflix rapidly.

Are more subscribers a good thing or a bad thing?

This is a difficult one to reply, however basing it off of in style streaming providers the reply is, properly, each. More subscribers places more money into the pockets of the streaming service firm, who – greater than probably – invests a good portion of that again into content.

More content is, certainly, a very good thing.

The downside to all this is that, as streaming providers get more subscribers, they tend to lift the price of the service. That’s occurred with Netflix repeatedly through the years and is now taking place to Disney Plus – which is able to quickly price $7.99 monthly (£7.99 / AU$11.99) or $79.99 / £79.90 / AU$119.99 per yr beginning on February 23 in the UK and Australia, and March 26 within the US.

Gaining much more subscribers might tempt Disney into elevating the costs again sooner quite than later, particularly now that the corporate has a half-dozen new Star Wars and Disney series in production.