Saying that Disney+ is a success is becoming more and more of an understatement.
As revealed in the media conglomerate’s results for its fiscal third quarter, Disney’s subscription service has managed to reach a relatively staggering 116 million subscribers. That happens to be twice the amount of subscribers that Disney+ boasted about just a year ago, at a time when it “only” had around 57.7 subscribers.
The goal is especially notable in that Disney+ launched on November 12, 2019. Disney’s streaming service is still very young, having only existed for around a year and a half.
Analysts are also a bit surprised by the performance of Disney+, as the streaming service’s latest milestone exceeded their original estimates by around one million new subscribers. (They were expecting 115.2 million, to be exact.)
A huge portion of Disney+’s success is likely owed to recent shows that have leveraged some of the company’s biggest properties. This includes Star Wars’ The Mandalorian, which will be back in a new season next year, as well as Marvel Studios’ small-screen spin-offs such as Loki and The Falcon and the Winter Soldier.
Disney+ subscribers have also had the option of seeing Mulan, Black Widow, and other select films without having to make a trip to the theaters on day one as part of its Premier Access program. Marvel Studios’ Shang-Chi and the Legend of the Ten Rings won’t be a part of this, however, due to a different distribution deal.
While it is smaller, ESPN+ added to the overall streaming momentum, rising 75% from a year earlier to 14.9 million subscribers. Hulu, including its on-demand and live TV offerings, increased 21% to 42.8 million total subscribers.