Disney+ hits 50M subscribers and targets Netflix

Disney+ has announced it has more than 50 million subscribers and plans to expand worldwide by the end of this year

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Disney+ has announced it has more than 50 million subscribers, according to TechCrunch. The streaming service from Walt Disney Company was launched less than five months ago, and by February 3, already had 28.6 million subscribers. Its rival, Netflix, on latest earnings report announced it has 167 million paid subscribers worldwide.

Disney+ subscribers numbers include people who are not actually paying but have agreements with other companies that bring revenue for Disney. The streaming service is expanding worldwide, it the past two weeks Disney+ became available in eight Western European countries such as the U.K, Ireland, France, Germany, Italy, Spain, Austria and Switzerland.

The platform is bringing films like Frozen 2, Onward and Artemis Fowl to the service at an accelerated pace, in response to the COVID-19 pandemic and resulting theatrical closures, as reported by TechCrunch.

According to Disney’s direct-to-consumer chairman statement, Kevin Mayer, Disney+ intends to expand to Latin America later this year.

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