Disney+ Has Acheived A Huge Record Right Before Making Drastic Changes
Disney+ achieved bringing in 12.1 million more subscribers during last quarter's earning reports.
With the arrival of films like Hocus Pocus 2 and the Star Wars spinoff series Andor, crashing onto Disney+ over the last few months, the streamer has seen a major uptick in subscribers. According to Variety, during its July through September quarter, the streamer brought in a whopping 164.2 million subscribers, 12.1 million up from its last quarter where the final subscriber number was 152.1 million. Unfortunately for both the streamer and its customers, those numbers may be falling way down over the next quarter as they push forward with their highly criticized ad-supported tier, which takes off on December 8.
Despite what may happen for Disney+ in the future, they’re sure to be celebrating the major milestone that brought in over 14 million subscribers during that last quarter, raising the bar from 221.1 million to 235 million members around the globe. This is a huge blow to rival streaming services including Netflix which is currently sitting at 223.1 million users worldwide, while Warner. Bros Discovery’s HBO, HBO Max, and Discovery+ hosts 95 million viewers globally. With this info, it’s clear that people are flocking to Disney+ who hold streaming rights to a slew of networks including Hulu, ESPN+, and Disney+ Hotstar, not to mention their array of content featuring everything Marvel, Star Wars, The Simpsons, and National Geographic.
When you look back on the last quarter, it’s no surprise as to why people were signing up in droves for Disney+’s services. Along with the aforementioned Hocus Pocus 2 and Andor, the streamer launched a slew of other original series and movies as well as gave first access to films that first had their run exclusively in theaters. Of the original shows, we saw Season 2 of The Mighty Ducks: Game Changers, Obi-Wan Kenobi, She-Hulk: Attorney at Law, and Season 3 of High School Musical: The Series, with original features including the live-action version of Pinocchio given a straight-to-streamer release. Meanwhile, the platform hosted the arrival of features including Lightyear and Thor: Love and Thunder which had previously only seen a theatrical drop.
While some folks may be turned off by Disney+ implementing an ad tier, there’s a lot of content coming out over the next quarter that we’re thinking will continue to keep current subscribers hooked and reel new ones in. Holiday fans are in luck with the arrival of the series version of the classic film franchise The Santa Clause, while those who grew up obsessed with the fantastical story of Ron Howard’s feature, Willow will be treated to the continuation story via a series by the same name. For Broadway fans, there’s the premiere of the Idina Menzel-led Idina Menzel: Which Way to the Stage? with Night at the Museum, franchise fans preparing to step into the animated world in a new tale titled Night at the Museum: Kahmunrah Rises Again which features some familiar voices including Owen Wilson, Rami Malek, Ricky Gervais, and Skyler Gisondo.
And that’s just December! With all of these new arrivals, plus those expected early next year and beyond, it’s our guess that Disney+ will only continue to break past their goal posts and keep wrangling in subscribers.
