152 million Disney+ subscribers – The Hollywood Reporter

Disney+ added 14.4 million subscribers in its fiscal third quarter for a total of 152.1 million, beating Wall Street analysts’ expectations for an average increase of 10 million subscribers in the quarter. .

In the previous quarter ending April 2, Disney+ added 7.9 million subscribers for a total of 137.7 million subscribers. Followed by Hulu with 45.6 million subscribers, while ESPN+ totaled 22.3 million during the quarter. Companywide revenue hit $19.2 billion in the fiscal second quarter, with earnings coming in at $3.7 billion.

Ahead of the company’s earnings call on Wednesday – the first for CEO Bob Chapek since receiving a three-year contract extension that begins in July and runs through 2025 – Disney announced Widespread price increases on Disney+, Hulu, and ESPN+ coincide with the launch of an ad-supported Disney+ tier this December.

Disney’s updated streaming figures come as Hollywood is re-evaluating its holistic approach to streaming amid slowing Netflix growth. The once-adverse streaming giant recently teamed up with Microsoft to launch an ad-supported subscription tier in early 2023 to help prevent subscriber loss.

More will come.

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