The Walt Disney Company has taken a bit of a hit from the coronavirus pandemic; the parks are closed, stores are closed and stocks are down, however, one branch is seeing some upside.
Disney+ has reached 50 million paid subscribers within its first five months since launch (November 2019).
Before its November introduction, analysts expected Disney Plus to take until 2022 to reach 50 million subscribers.
To compare, Hulu, now owned by Disney, has only about 30 million subscribers after 13 years in operation; Hulu has not yet been introduced overseas.
Over the last several weeks, Disney+ has expanded to India, France and England.