Disney Plus continues to grow apace, topping 100 million subscribers worldwide, Disney CEO Bob Chapek said Tuesday during its annual shareholders meeting. That’s up from the 94.9 million Disney reported last month. “The enormous success of Disney Plus has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content,” Chapek said. “In fact, we set a target of 100-plus new titles per year.”
Hamilton was supposed to be a box office smash for Disney; instead, the popular play-turned-movie from Lin-Manuel Miranda ended up being a huge boost to Disney+, with the streaming service gaining about 1 million mobile downloads over Fourth of July weekend, according to data shared by Sensor Tower on Monday.
Disney announced on Wednesday that Disney Plus, its new video service, now has more than 50 million subscribers. That’s almost twice as many as Disney reported on Feb. 4, when it said in its 1Q earnings that Disney+ reached 26.5 million subs during the quarter. Shares of Disney jumped as much as 7% on the news in after-hours trading.
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Marvel Studios is pressing pause on its Disney Plus shows currently in production, which includes The Falcon and the Winter Soldier, Loki and WandaVision. For shows that are in pre-production, work will continue remotely.
The move aims to give cooped-up families a welcome distraction and may presage how other media companies funnel their movies to streaming services in the coming weeks. It may also be a pivotal moment in the evolution of streaming services in relation to theatrical releases.
LOS ANGELES (AP) — Hilary Duff is asking Disney to find a TV home that’s more appropriate to the grown-up “Lizzie McGuire.” In an Instagram post, the actress who’s reprising the title character for Disney Plus, said the streaming service isn’t the best fit, suggesting Hulu instead. The original series, about a girl whose thoughts […]
Further illustrating the hot demand for the November debut of the Disney+ streaming service, mobile industry analytics firm Sensor Tower said the Disney+ mobile app was downloaded for iOS and Android devices around 31 million times in the fourth quarter.
Disney has been heavily marketing its new service and working hard to make potential subscribers aware that Disney+ is the home of Iron Man and Luke Skywalker. The fact that Disney+ is also the exclusive home of 30 seasons of The Simpsons has flown a bit under the radar. The show and its irreverent humor aren’t an obvious fit for the family-friendly service. But The Simpsons may be just as important to Disney+ as Buzz Lightyear or Queen Elsa.
Two weeks after its glitch-filled launch, Disney+ is averaging nearly a million new subscribers a day, new data shows. The $6.99-per-month streaming service’s mobile app has been downloaded 15.5 million times, according to numbers from research firm Apptopia.
Wall Street’s reaction so far to Walt Disney Co.’s long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix
Hackers didn’t waste any time and have started hijacking Disney+ user accounts hours after the service launched. Many of these accounts are now being offered for free on hacking forums, or available for sale for prices varying from $3 to $11, a ZDNet investigation has discovered.
Walt Disney, led by Chairman and CEO Bob Iger, has been projecting between 60 million and 90 million global streaming subscribers by 2024.
For some users, Disney Plus was a Disney Minus on its big launch day Tuesday. In its Nov. 12 debut, the service was beset by multiple problems, including Disney Plus customers being unable to log in to the service, access specific content, or use certain streaming devices — while some who called Disney’s customer service line for help were left on hold for an hour or more.
Disney Plus has experienced a number of technical issues during the initial hours of launch. The streaming service went live at midnight PT with a menu of film and TV titles from Marvel, Pixar, Star Wars, National Geographic and Disney’s own stable. However, many customers were finding they were “unable to connect” to the service and inevitably taking to social media to air their grievances.
Disney’s marketing force is reaching beyond its traditional family audience to send a message that its $7-a-month subscription service Disney+ offers something for all ages. The service debuted on Tuesday in the United States, Canada and The Netherlands.
Disney has spent more than $3 billion on technology and content in an ambitious bid to take on Netflix at its own game.
The Simpsons, ‘Cinderella and several movies from the Star Wars and Marvel universes will share a streaming home today as Disney Plus debuts. Subscribers will initially get more than 500 movies and 7,500 TV episodes for their $7 a month. That’s expected to grow to 620 movies and 10,000 episodes in five years, as existing deals with rival streaming services expire.
With the arrival of Disney Plus on Tuesday, a growing medium rises to dominance.
Netflix Chairman and CEO Reed Hastings said he’s not “worried” about the imminent launch of Disney Plus — but he did indicate that he sees the Mouse House as the most robust new rival in the streaming wars. “Disney is a great company — we admire them,” said Hastings, speaking at the New York Times’ DealBook conference Wednesday in Manhattan. “They’re a wonderful competitor.”
The offer announced Tuesday is worth nearly $84, based on $6.99 monthly subscription fee for the Disney Plus service, which debuts Nov. 12. It extends to certain new and existing unlimited 4G and 5G customers at Verizon, as well as the vast majority of new home-internet customers. The promotion is the latest volley in an escalating attack on Netflix.
The streaming-video battlefield is about to get some major new combatants — and fresh research suggests that Disney is best equipped to grab new territory. Once Disney, WarnerMedia and NBCUniversal launch their direct-to-consumer services, customers’ perceived value of incumbent players Netflix, Hulu and Amazon Prime Video will drop significantly, according to a study conducted by Langston Co., a Denver-based behavioral consumer research and consulting firm.