Disney+ Experience Increase in Streaming Subscribers

Disney+ is seeing a boost in streaming subscribers, with 1.4 million new subscribers added for the quarter ending on March 29. Additionally, Hulu, another streaming service under Disney, gained 1.3 million subscribers during the same period. Overall, Disney’s streaming and parks businesses generated $23.62 billion in revenue for the quarter, reflecting a 7% increase compared to the previous year. Surprisingly, analysts had actually predicted a decline of over a million Disney+ subscribers, showcasing the unpredictable nature of the streaming landscape. This positive trend demonstrates the continued popularity and growth of Disney’s streaming services.