Disney+ has brought in nearly 30 million subscribers since its launch in November.
In an earnings call on Tuesday, the company said Disney+ nabbed 26.5 million subscribers last quarter, exceeding analyst expectations.
Disney has projected that Disney+ will have 60 million to 90 million global subscribers by 2025.
“We had a strong first quarter, highlighted by the launch of Disney+, which has exceeded even our greatest expectations. Thanks to our incredible collection of brands, outstanding content from our creative engines and state-of-the-art technology, we believe our direct-to-consumer services, including Disney+, ESPN+ and Hulu, position us well for continued growth in today’s dynamic media environment.” – CEO Bob Iger
Both ESPN+ and Hulu likely saw a bump thanks to being a part of a streaming bundle alongside Disney+ for $12.99 a month.
Disney also reported that revenue at the company rose to $20.8 billion, a 36% increase compared to a year earlier. The number matched Wall Street’s expectations.