Disney+ Hits 73.7 Million Subscribers Globally; India Accounts For 25% of All Users

Nov. 13, 2020

At its Q4 earnings call earlier this week, The Walt Disney Company announced that its streaming service,Disney+, hadgarnered 73.7 million subscribersglobally as of October 3rd. It is an increase of over 16.2 million from the previous quarter when the service was said to have had 57.5 million subscribers. Overall, the company’s streaming portfolio, which includes the likes of Hulu and ESPN+, now has more than 120 million premium users, the company said.

In terms of the financials, the company earned $14.7 billion in revenues during the quarter, a big chunk of which came from Disney+. The number is significantly below the $19.1 million the company earned during the same quarter last year, largely on account of the pandemic and the associated slowdown in its theater and theme park businesses.

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