Disney+ subscribers keep growing, but they’re making Disney less money ...Middle East

Quartz - Economy
Disney+ subscribers keep growing, but they’re making Disney less money
source : Quartz ( Middle East ) () 21
Disney’s flagship streaming service, Disney+, is growing faster than anyone anticipated—including Disney. But that growth doesn’t tell the whole story.Disney+ now boasts 95 million global subscribers, the company revealed today in its fiscal first-quarter earnings report (pdf). That’s up from 74 million in October and just 27 million this time a year ago. Disney didn’t think it would hit that number for several more years, so it’s giving itself a much higher goal. It now expects Disney+ to have about 250 million subscribers by 2024. Since launching in the US in November of 2019, the service is available in more than 40 countries.And that’s where the catch comes in. In two key markets—India a

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