Disney+ had 137.7 paying members at the end of the interrupted fiscal year, a third more than in the same period last year. All of Disney’s streaming platforms, which also own Hulu and the online sports channel ESPN+, had a total of 205 million subscribers.
That’s close to Netflix’s approximately 221.6 million subscribers. This company lost 200,000 subscribers in the past quarter. Netflix pointed out that many streams are again possible and therefore home streaming is less popular, but the competition from Disney now also appears to be strong.
Disney+ growth was also weaker than in the previous quarter, partly due to the end of the lockdown. Still, the total number of paid subscribers surprised Wall Street analysts, who expect an average of 134.4 million new members.
Cinemas and amusement parks
Due to the end of the shutdowns in the United States, Disney has also made a lot of money on theater films and theme parks. Revenue grew 23% year over year to $19.2 billion. The company then recorded a net profit of 470 million euros, almost half less than a year ago due to the tax increase. Operating profit, which is still excluding taxes, has halved thanks to the reopening of Disney theme parks.
Source: RTL
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