Disney published its latest financial results yesterday, and they included a new figure for the number of people subscribing to its new Disney+ video streaming service.
“As we reported previously, we had more than 10 million sign-ups for Disney plus by the end of day one and we ended the quarter with 26.5 million paid subscribers,” said Disney boss Bob Iger in the company’s earnings call, before updating the latter figure. “I’m pleased to say that as of Monday, we were at 28.6 million paid subscribers… One additional note on sign-ups for Disney Plus, although we will not provide specifics, is that we are pleased to report that both conversion from free to pay and churn rates were better than we expected.” Iger also offered a comparison with Hulu, the video service that Disney is a co-owner of. “Hulu ended the quarter with 30.4 million paid subs and as of Monday, the number was 30.7 million,” said Iger.