Disney+ Paid Subscriber Count Surpasses 50 Million Milestone
April 08 2020 - 5:30PM
Business Wire
Launched Five Months Ago, the Service Is Now
Available in More Than a Dozen Countries Around the World
Continuing to delight consumers around the world, Disney+ has
now achieved another new milestone, with 50 million paid
subscribers globally within five months after its U.S. launch.
“We’re truly humbled that Disney+ is resonating with millions
around the globe, and believe this bodes well for our continued
expansion throughout Western Europe and into Japan and all of Latin
America later this year,” said Kevin Mayer, Chairman of Walt Disney
Direct-to-Consumer & International. “Great storytelling
inspires and uplifts, and we are in the fortunate position of being
able to deliver a vast array of great entertainment rooted in joy
and optimism on Disney+.”
In the past two weeks, Disney+ rolled out in eight Western
European counties including the UK, Ireland, France, Germany,
Italy, Spain, Austria, and Switzerland. Additionally, Disney+
became available last week in India, where it is offered in
conjunction with the existing Hotstar service, and already accounts
for approximately eight million of Disney+’s 50 million paid
subscribers.
ABOUT DISNEY+
Disney+ is the dedicated streaming home for movies and shows
from Disney, Pixar, Marvel, Star Wars, National Geographic, and
more. As part of Disney’s Direct-to-Consumer and International
(DTCI) segment, Disney+ is available on most internet-connected
devices and offers commercial-free programming with a variety of
original feature-length films, documentaries, live-action and
animated series and short-form content. Alongside unprecedented
access to Disney’s incredible library of film and television
entertainment, the service is also the exclusive streaming home for
the latest releases from The Walt Disney Studios. Visit
DisneyPlus.com to subscribe and/or learn more about the
service.
Forward-Looking Statements
Certain statements and information in this communication may be
deemed to be “forward-looking statements” within the meaning of the
Federal Private Securities Litigation Reform Act of 1995, including
statements such as the expected performance of our goods and
services, anticipated availability or timing of our goods or
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fact. These statements are often characterized by terminology such
as “will,” “believes” and similar expressions. These statements are
made based on views and assumptions as of the time made and the
Company does not undertake any obligation to update these
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Actual results may differ materially from those expressed or
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Company, including strategic or restructuring initiatives
(including capital investments, asset acquisitions or dispositions)
or other business decisions (including regarding direct-to-consumer
launch timing, platform or content), as well as from developments
beyond the Company’s control, including:
- changes in domestic and global economic conditions, competitive
conditions and consumer preferences;
- adverse weather conditions or natural disasters;
- health concerns;
- international, regulatory, political, or military developments
(including government requests to delay direct-to-consumer launch
in certain jurisdictions);
- technological developments; and
- labor markets and activities;
each such risk includes the impacts of COVID-19 and related
mitigation efforts.
Such developments may further affect entertainment, travel and
leisure businesses generally and may, among other things, further
affect:
- the performance of the Company’s theatrical and home
entertainment releases;
- the advertising market for broadcast and cable television
programming;
- demand for our products and services;
- construction;
- expenses of providing medical and pension benefits;
- income tax expense;
- performance of some or all company businesses either directly
or through their impact on those who distribute our products;
and
- achievement of anticipated benefits of the TFCF
transaction.
Additional factors are set forth in the Company’s Annual Report
on Form 10-K for the year ended September 28, 2019 under Item 1A,
“Risk Factors,” Item 7, “Management’s Discussion and Analysis”
under Item 1A, “Risk Factors,” Item 7, “Management’s Discussion and
Analysis,” Item 1, “Business,” and subsequent reports, including,
among others, Quarterly Reports on Form 10-Q and Current Reports on
Forms 8-K.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200408005766/en/
Media Contacts:
Zenia Mucha 818-560-5300 Zenia.Mucha@disney.com
Karen Hobson 818-560-4057 Karen.Hobson@disney.com
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