Disney Plus hits 118.1 million subscribers however member development slows sharply

Disney Plus hits 118.1 million subscribers but member growth slows sharply

Disney Plus has stood out as probably the most profitable new service within the so-called “streaming wars.”

Sarah Tew/CNET

Disney Plus grew to 118.1 million subscribers as of Oct. 2, Disney mentioned Wednesday. That is a 60% leap from a 12 months earlier, nevertheless it additionally means Disney Plus added solely 2.1 million new members within the three-month fiscal quarter, a pointy slowdown. India gave the impression to be the wrongdoer. Disney Plus Hotstar — the Indian model of the service — misplaced roughly 2 million subscribers throughout the newest interval. The remainder of Disney Plus’ markets, just like the US and Europe, elevated subscribers by practically 4 million. 

By comparability, Netflix, the most important subscription video service on this planet, had practically 214 million world members on the finish of September. Netflix, although, accrued its large subscriber base within the decade-plus because it began streaming. Disney Plus launched lower than two years in the past. 

Wednesday, Disney additionally famous that Hulu subscribers grew to 43.8 million and that ESPN Plus membership rose to 17.1 million. 

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