Popular streaming service Disney+ has officially surpassed the 100 million subscribers count, only two years since it launched.

“The enormous success of Disney+… has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content,” said Disney CEO Bob Chapek during the annual shareholder’s meeting when the news was announced. “In fact, we set a target of 100+ new titles per year, and this includes Disney Animation, Disney Live Action, Marvel, Star Wars, and National Geographic. Our direct-to-consumer business is the company’s top priority, and our robust pipeline of content will continue to fuel its growth.”

The entertainment giant shared in April 2020 that Disney+ had hit 50 million subscribers — five months after it launched in the United States in November 2019 — and this number rose to 94.9 million by February 2021.

According to a recent subscription analysis conducted by Digital TV Research, Disney+ will, by 2026, surpass Netflix’s total number of subscribers by 2026, with a prediction of 294 million Disney+ subscribers and 286 million Netflix subscribers.

Posted by:Staff