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Disney+ Likely To Stream More Premium Movies At Extra Cost As Subscribers Total Hits 73 Million


Disney+ Likely To Stream More Premium Movies At Extra Cost As Subscribers Total Hits 73 Million

[Disney+] Like Mulan, Disney is still looking to put more movies onto Disney+ at an extra cost as movie theatres do not appear to be reopening worldwide anytime soon.

On Disney's earnings call this week, CEO Bob Chapek talked about bringing Mulan onto Disney+ at a £20 extra charge was a "success". He intends to talk more about what Disney plan to do with future releases at the investor meeting in December, hinting at this happening again for future movies.
"What we've learned with Mulan is there's going to be a role for it strategically within our portfolio of offerings. Again, we're going to talk more about that at the investor conference in December," Disney CEO Bob Chapek explained when discussing releasing more tentpole movies to the streaming services along with Premier Access.

Also, Disney+ hit a new milestone of 73 million subscribers as of October 3rd (vs 65.5M consensus), smashing exceptions this past quarter. Last quarter, Disney had 57 million Disney+ subscribers.
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This article was posted on 14-Nov-2020

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