Disney+ launched just over 2 months ago and last year, Disney predicted that their new streaming service would have between 60 and 90 million subscribers globally by the end of 2024, but according to the latest predictions from LightShed they think Disney+ will hit 50 million subscribers by the end of the year.
The latest estimates of subscribers are around 20 million globally and Disney will be releasing their first set of figures at next months quarterly financial results investors call. Though a large portion of those will have come from Verizon’s deal to give away a free years subscription to Disney+ to users on a select plan.
One of the big reasons why the subscriber number will grow rapidly is because there will be a international rollout throughout the year. Disney has already announced Disney+ will launch in late March for the UK, Ireland, Germany, Italy, Spain and France. With other European and Latin America countries expected to follow later in the year.
LightShed are also predicting that Disney is likely to reduce the window of time between movies being released in cinemas and new titles being added to Disney+, because it makes Disney+ a more attractive option to many potential subscribers, which would increase profits. Currently movies take around 200 to 230 days from cinema release to Disney+, but as physical media sales of DVD’s/Blu-Ray’s continue to dwindle, I think LightShed’s predictions are likely.
Do you think Disney+ will hit 50 million subscribers by the end of the year?