The Walt Disney Company has announced its first quarter financial results for 2020, which has revealed some major details about Disney+ including news that they’ve managed to get 26.5 million subscribers globally by December 28th 2019. Disney CEO Bob Iger also revealed during the conference call, that as of Monday, Disney+ has 28.6 million subscribers.
This is the first official announcement of subscriber numbers since the first week of launch in November, when they revealed they had signed up 10 million people.
Some of those customers came through Disney’s partnership with Verizon, which is offering a free year of Disney+ to subscribers who pay for unlimited plans. These “free” subscribers could make up to a third of the total subscription number.
These numbers are expected to rise next month, when Disney+ launches in many countries within Europe including the UK, Ireland, Italy, France, Germany and Spain.
Hulu has also increased its number of subscribers to 30.4 million, which also benefited from the Disney Streaming Bundle, with Disney+ and ESPN+.
“We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “Thanks to our incredible collection of brands, outstanding content from our creative engines and state-of-the-art technology, we believe our direct-to-consumer services, including Disney+, ESPN+ and Hulu, position us well for continued growth in today’s dynamic media environment.”
Are you one of the 26.5 million subscribers?