Disney+ exceeds 100 million subscribers

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March 10, 2021, 6:10 AM GMT+0

The Walt Disney company previously expected Disney Plus to gain between 60 and 90 million subscribers by 2024.

At Disney’s annual shareholder's meeting, Disney announced that it now has over 100 million subscribers for Disney Plus in less than a year and a half. As per the company’s first-quarter earnings meeting in February 2021, the platform had just over 94 million subscribers by 2 January 2021.

While no reason was attributed for reaching over 100 million subscribers, the success of shows like WandaVision, and Raya and the Last Dragon could be the likely factors. The company is now targeting to reach between 300 and 350 million subscribers across all of its streaming platforms by 2024.

Additionally, Disney is planning 100 new titles per year, including Disney Animation and Marvel, notes CEO Bob Chapek. Disney’s DTC business will remain a top priority for the company, says Chapek.

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