Before launching in Latin America, Disney + records more than 73 million subscribers globally

This last Thursday, The Walt Disney Company published its results presentation for the fourth fiscal quarter of the company, where it reported that, during the first year of performance after its launch, which took place in the US on November 12th, 2019 , Disney+ reported a total of 73.7 million subscribers globally as of October 3rd .

The SVOD OTT, which will be officially launched in Latin America in a few days, has recorded more than 13 million subscribers compared to the 60.5 million that it totaled at the beginning of August. The number is expected to grow from the current quarter, when the platform arrives in Latin America.

Disney also reported an increase in subscribers on other of its platforms: ESPN + has 10.3 million subscribers (in the previous quarter it reached 8.5 million); while Hulu has 36.6 million, and, at the end of June, reported 35.5 million. Disney also reported that, of that amount, 32.5 million belong to the on demand service, and 4.1 million to the Hulu + Live TV package. At the beginning of this year, Disney reported its intentions to launch Hulu internationally, starting in 2021. In 2019, Disney launched a package through which users can hire ESPN +, Hulu and Disney + for USD 13 per month.

According to the report, Disney’s D2C & International segment revenues grew 41% during the quarter, reaching USD 4.9 billion. For the full fiscal year, the company’s  revenues are valued at USD 65.388 billion, a 6% annual loss.

During the results presentation, Bob Chapeck, CEO at The Walt Disney Company, expressed himself on the premiere of ‘Mulan’, a film that premiered directly on Disney + due to the closure of cinemas because of the Coronavirus pandemic, for a USD 29, 99 additional payment in the US, and USD 26 outside that country. ‘I am satisfied with the results of ‘Mulan’ as a Premier Access title. Unfortunately, the title generated controversy in the US and internationally, but we saw enough positive results to know if there was something in the Premier Access strategy’, he said.