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Disney+ Adds Nearly 7 Million Subscribers, Still Loses Money

No matter what you think about the House of Mouse, which you can read here, the streamer now has more than 150 million subscribers worldwide, a number that includes India’s Disney+ Hotstar.

ABy Adam FosterNov 09, 20231 min read

No matter what you think about the House of Mouse, which you can read here, the streamer now has more than 150 million subscribers worldwide, a number that includes India’s Disney+ Hotstar.

WatchJohnny Knoxville Loved Collectibles | First Fandoms CCShare SubtitlesOffEnglish“Our results this quarter reflect the significant progress we’ve made over the past year. While we still have work to do, these efforts have allowed us to move beyond this period of fixing and begin building our businesses again,” CEO Bob Iger wrote in a letter addressed to shareholders. “As we look forward, there are four key building opportunities that will be central to our success: achieving significant and sustained profitability in our streaming business, building ESPN into the preeminent digital sports platform, improving the output and economics of our film studios, and turbocharging growth in our parks and experiences business.”AdvertisementTitles specifically cited by the company as adding to Disney+’s growth include surprise Pixar smash Elemental, the live-action Little Mermaid, and James Gunn’s Marvel swan song Guardians of the Galaxy Vol. 3., as well as Lucasfilm’s Star Wars series Ahsoka and Korean original series Moving.AdvertisementIn related Disney news today, Iger revealed that Variety quoted Iger as saying on the earnings call; the beta version of the Disney+/Hulu app arrive in December, with a full launch coming in spring 2024.

Based on reporting by gizmodo.com.

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AI transparency. This article was produced with the assistance of artificial intelligence and published under human editorial oversight. AI systems can make mistakes. Read how we use AI (EU AI Act, Art. 50).
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