Are you a Disney+ member? We must say we are, and we’re hooked! All things Disney to stream right at your fingertips… yep, we’re fans. Apparently, we aren’t the only ones and the subscribers are expected to continue to grow!
As shared by WhatsOnDisneyPlus: Disney revealed that they were setting a target of 60 million subscribers globally by the end of 2024. By the summer of 2020, Disney+ had already hit that target. According to analyst Michael Nathanson, he is now predicting that Disney+ will hit a whopping 155 million in the next four years. This will include 50 million subscribers within the United States.
“While it is still too early to know how the profitability forecast will play out depending on how much Disney will seek to re-invest the higher revenue run rate into programming, we can see the dramatic upside at Disney+ relative to the company’s initial guidance and our estimates after the investor day,”
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We’re sure Disney will continue to release Disney+ exclusive films and series to keep the subscribers coming!
Source: WhatsOnDisneyPlus.com
