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Disney+ passes 137 million subscriber mark

While Netflix’s hemorrhaging 200,000 subscribers in the first three months of the year had some in the industry thinking streaming might have some headwinds ahead, now comes news that Disney+ beat Wall Street expectations.

According to an earnings call for ABC News’ parent company, Disney, it was revealed that Disney+ now has nearly 138 million subscribers, adding nearly 8 million in the first three months of 2022 alone. Wall Street anticipated its subscriber growth to be in the neighborhood of 5 million.

All told, Disney+ numbers bumped up 33% from last year.

Buoyed by hits like Marvel Studios’ Moon Knight, and Lucasfilm’s The Mandalorian, and the upcoming Obi-Wan Kenobi, the streaming service isn’t slowing down, says CEO Bob Chapek. He predicts some 230 million to 260 million subscribers by the end of 2024.

Disney-partnered property Hulu attracted 45.6 million subscribers; Disney-owned ESPN+ now has 22.3 million subscribers, it was also revealed. Both streaming services saw increases over last year.

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