Disney+ is growing faster than expected, reaching 28.6 million subscribers earlier this week. JBoorstin spoke with Disney CEO Bob Iger yesterday about the streaming service.
. But there's no guarantee that customers who got Disney+ through free trials will resubscribe as paying customers once the trial is up.between 60 million and 90 million subscribers by the end of its 2024 fiscal year.
Much of the service's subscriber growth was likely driven by its flagship show, "The Mandalorian," but the show's first season ended in December. Iger said on the company's conference call that "both conversion from free to pay and churn rate were better than we expected." Churn refers to the pace at which users sign up for and cancel subscriptions.
Here's a breakdown of Disney's average revenue per user for Disney+ and its other streaming services:Shares of Disney were up about 1% after hours.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Disney beats earnings expectations but does not update Disney+ guidanceFrom Disney’s “year for the ages” at the box office to the launch of Disney+, CEO Bob Iger talked to JBoorstin following the company’s better-than-expected earnings report.
Consulte Mais informação »
Disney Analysts Raise Stock Price Targets on Disney+ MomentumThe Walt Disney Co. earned Wall Street praise for the early momentum of its Disney+ streaming service, with some analysts raising their stock price targets. The stock was down in early Wednesday trading though. Details:
Consulte Mais informação »
Disney Preps For Q1 Report With Streaming, Parks, Exec Shuffle The Key ThemesDisney will report its fiscal first-quarter earnings on Tuesday afternoon after the close of trading, with the company’s streaming progress, executive turnover and response to the coronavirus…
Consulte Mais informação »
Disney Delivers Impressive Streaming Numbers, Tops Wall Street Expectations With EarningsDisney is getting the year off to a strong start, beating Wall Street’s expectations for the quarter that encompassed the company’s giant leap into the new era of direct-to-consumer bus…
Consulte Mais informação »
TikTokers Are Using Makeup to Turn Themselves Into Disney Villains' Imaginary KidsSee some of our favorite sinister transformations here.
Consulte Mais informação »
Disney Sets Streaming Release Plan For ‘The Mandalorian’ Season 2, ‘Falcon And The Winter Soldier’, MoreDisney says The Mandalorian will return with its second season in October, with Marvel’s Falcon and the Winter Soldier premiering in August and WandaVision in December. CEO Bob Iger delivered…
Consulte Mais informação »