Disney+ Surpasses 50 Million Paid Subscribers Just Five Months After Launch

Just five months after the application’s launch in November, Disney+ has now reached a milestone in paid subscribers.

Disney+ signed up around 10 million subscribers in the first 24 hours of launch and the momentum has continued. Today, the streaming service reached 50 million paid subscribers globally five months after its official debut. Initially, investors were told that the streaming service expected to reach 60 to 90 million subscribers by 2024, so based on its current progress, it has vastly surpassed expectations.

In the past two weeks, Disney+ rolled out in eight Western European countries including the UK, Ireland, France, Germany, Italy, Spain, Austria, and Switzerland. Additionally, Disney+ became available last week in India, where it is offered in conjunction with the existing Hotstar service, and already accounts for approximately eight million of Disney+’s 50 million paid subscribers.

Given that most other facets of the company, like the Disney Parks and film studios, are currently shuttered due to the Coronavirus (COVID-19) pandemic, this comes as excellent news.

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