According to media reports, Disney’s streaming media (Disney+, ESPN+ and Hulu) reached a total of 221 million subscribers, surpassing Netflix2.207 billion to become the world’s largest streaming media company. Among them, Disney+ 137.7 million, Hulu 45.6 million and ESPN+ 22.3 million.
Unlike Netflix, which has been losing subscribers for the last two fiscal quarters in a row, Disney’s three streaming platforms have been on a growth trajectory.
During the third quarter conference call, they also announced a three-year extension with CEO Bob Chapek, who will “take the reins” of Disney through 2025.
In order to compete for more subscribers, Disney decided to implement a package service that includes advertising starting December 8:.
– Disney+ Basic (with ads) – $7.99
– Disney + Premium (no ads) – $10.99
– Hulu Basic (with ads) – $7.99
– Hulu Premium (no ads) – $14.99
