Roommates, Disney Plus came to give y’all mostly every Disney fix you could think of. From your favorite throwback series’ to some of the greatest films of all time, Disney+ is here and everybody is clearly excited about it.
According to the Hollywood Reporter, Disney+ is well on its way to becoming one of the dominating streaming platforms, racking in 10 million sign ups since it launched a few days ago. Walt Disney CEO Bob Iger has been projecting the platform will have between 60 million and 90 million subscribers by 2024.
In the long run, analysts expect the platform to hit more than 100 million subscribers by 2025, and with the hype of generations looking to get their Disney fix, Disney+ should reach that forecast in no time.
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As of now, Disney+ is being offered to subscribers for $7 per month, though there are plenty of ways Disney has decided to boost sign ups. Verizon, for example, has partnered with Disney, giving customers free Disney+ subscriptions, and bundling it with Hulu and ESPN+. The company has also offered scions to Disney fan club members.
On the day of its launch, many subscribers complained about service issues, which CEO Bob Igor attributes to the amount of sign ups happening all at the same time. Disney released a statement acknowledging that some customer had experienced issues accessing with service.
“The consumer demand for Disney+ has exceeded our high expectations,” the company tweeted. “We are working to quickly resolve the current user issue. We appreciate your patience.”
With 10 million sign ups so far, Disney is off to a strong start, although the company anticipates many users will cancel their subscriptions when the promotions and trials end. The company’s other services, Hulu and ESPN+, currently have 28.5 million and 3.5 million subscribers. Disney’s direct competition is Netflix, the biggest streaming service in the world, which currently has 158 million subscribers worldwide.
Despite how the numbers look right now, Bob says he is confident Disney will come out on top.
“There’s only one Disney,” he said. “No one can come out and have a product that’s like ours, because no one’s got those brands.”
