Disney shares spike after announcing Disney Plus surpasses 10 million sign-ups since launch
Investors and analysts have been eagerly awaiting the release of Disney Plus. Somethe service could accumulate as many as 90 million subscribers over the next five years.
Disney Plus is widely seen as an opportunity for Disney to leverage its vast library of content from franchises such as Marvel, Star Wars, and Pixar. The media conglomerate's stock performance this year reflects the optimism around the company's shift toward streaming, as shares have risen more than 31%.
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