Disney+ Predicted To Hit 155 Million Subscribers By 2024
At last years Investor Day event, Disney revealed that they were setting a target of 60 million subscribers globally by the end of 2024. By the summer of 2020, Disney+ had already hit that target and with launches still to come throughout Latin America, Africa, Asia and Eastern Europe, that number will continue to grow.
According to analyst Michael Nathanson, he is now predicting that Disney+ will hit a whopping 155 million in the next four years. This will include 50 million subscribers within the United States.
“While it is still too early to know how the profitability forecast will play out depending on how much Disney will seek to re-invest the higher revenue run rate into programming, we can see the dramatic upside at Disney+ relative to the company’s initial guidance and our estimates after the investor day,”
Disney will also continue to build its other platforms, ESPN+ and Hulu, with MoffettNathanson predicting that Hulu will reach 66 million subscribers and ESPN+ will reach 18 million subscribers by 2024.
Do you think Disney+ will hit 155 million subscribers by 2024?
Source – Fierce