Disney+ Reaches 54.5 Million Subscribers

While the coronavirus has had a major negative impact on The Walt Disney Company, there is one bright spot: Disney+.

In the Q2 earnings call on Tuesday, the company reported that the streaming service reached 54.5 million paid subscribers.

CNBC put together a graph to show how it compares to it’s top competitor, Netflix’s growth:

Disney’s Hulu had 32.1 million total subscribers by March 28, up 27% year-over-year.

Disney’s ESPN suffered from the loss of live sports content as major sports leagues postponed their seasons. Advertising revenue was down about 8% in the quarter.

However, the NFL draft was the most-watched ever, reaching more than 55 million viewers over three days.

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