As part of its quarterly earnings announcement, Disney revealed that it had 73.7 million Disney+ subscribers as of October 3, 2020 and over 120 million subscribers across Disney+, Hulu, and ESPN+.
“Even with the disruption caused by COVID-19, we’ve been able to effectively manage our businesses while also taking bold, deliberate steps to position our company for greater long-term growth,” Disney CEO Bob Chapek said in a prepared statement. “The real bright spot has been our direct-to-consumer business, which is key to the future of our company, and on this anniversary of the launch of Disney+ we’re pleased to report that, as of the end of the fourth quarter, the service had more than 73 million paid subscribers, far surpassing our expectations in just its first year.”
Disney+ has absolutely had an amazing first year: It launched in November 2019, had over 26 million subscribers by early February 2020, and then over 50 million by April. Hulu hit 36.6 million subscribers by the end of September, 32.5 million of which pay for streaming video only, while 4.1 million also pay for live TV services. And ESPN+ has 10.3 million subscribers.
A couple of data points. In just one year, Disney+ has roughly twice the number of subscribers as does Hulu, which has been in business for 13 years. And by comparison, market leader Netflix has over 195 million customers, 73 million of which are in the U.S. and Canada.