It took almost three years, but Disney is now a bigger player in the streaming game than Netflix. Ahead of Wednesday’s quarterly earnings call, The Walt Disney Company announced that Disney+ added 14.4 million subscribers last quarter, bringing the service’s global total to more than 152 million. When you factor in the rest of Disney’s streaming services, which include Hulu, Disney+ and Star, the company has surpassed Netflix in overall streaming subscriptions.
Across all of its streaming platforms, Disney has over 221 million streaming subscribers worldwide. In Netflix’s last quarterly report, the company reported 220.7 global streaming subscribers. Disney has officially taken the lead in the streaming world.
Now, to be fair, Disney has a slew of services that cover both entertainment and sports, all at different price points. Netflix, on the other hand, has only one service. More than anything, these new numbers are a testament to just how much Disney has been able to influence the overall streaming landscape.
There are some big changes coming to Disney+ in the near future, and it’ll be interesting to see how those plans affect the streamer’s continued growth. On Wednesday, Disney+ announced that it will officially add its ad-supported tier in December. Unfortunately, that new tier will cost the same as the current, ad-free version of Disney+, as the standard version of the streamer continues to increase in price.
Starting in December, the ad-supported tier of Disney+ will launch and cost $7.99 per month. That version of the streaming service will not have an annual option. The standard, ad-free version of Disney+ is increasing at $3 per month. Disney+ is priced going up to $10.99 for a monthly subscription and $109.99 for an annual subscription. That annual subscription price is increasing by $40 each year.
With our new ad-supported Disney+ offering and an expanded lineup of plans across our entire streaming portfolio, Karim Daniel, president of Disney Media and Entertainment Distribution, said in a statement. “We will provide as many consumer options as possible at a variety of price points to meet the diverse needs of our audience and appeal to a wider audience.”
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Reference from comicbook.com