Disney+Source: CordCutters

Q2 2020 (May 5, 2020)

The Walt Disney Company today announced its Q2 2020 results. It's the second round of quarterly results since Disney+ launched in November 2019. The Q1 earnings were unique in that former CEO Bob Iger actually sneaked ahead and gave updated numbers on Disney+, Hulu and ESPN+ — the three major streaming media properties owned by Disney.

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Here's what you need to know from the Q2 earnings:

  • The official number in the earnings release shows Disney+ at 33.5 million subscribers as of March 28. But Disney on April 8 — a little more than a week later — said it was over 50 million with the addition of a number of European countries.
  • As of May 4, 2020, Disney says it has 54.5 million paid Disney+ subscribers.
  • ESPN+ now has 7.9 million paid subscribers, up about 3,000 from Feb. 3. Of course, that was before sports shut down.
  • Hulu has a total of 32.1 million subscribers. Of those, 28.8 million only subscribe to the video-on-demand segment, while some 3.3 million also have Hulu with Live TV.
  • That means Hulu with Live TV is still the largest live TV streaming service in the United States. (Sling TV, which either is in second or third place, announces its earnings on May 7.)

Q1 2020 (Feb. 4, 2020)

The Walt Disney Company today announced its Q1 2020 results — its first since the streaming service launched in November 2019. Here's what you need to know:

  • Disney+ "has exceeded even our greatest expectations," CEO Robert Iger said in the quarterly report.
  • Disney+ has 26.5 million subscribers as of Dec. 29, 2019.
  • And, Iger said during the conference call, it's at 28.6 million as of Feb. 3, 2020.
  • ESPN+ has 6.6 million subscribers, up from about 1.4 million at the end of the previous fiscal year.
  • And ESPN+ is at 7.6 million paid subscribers as of Feb. 3.
  • Hulu has 3.2 million live TV subscribers, up 88 percent from Dec. 29, 2018. It has and 27.2 million who subscribe only to the streaming video on demand (SVOD) service. (Up 29 percent from Dec. 29, 2018.
  • Hulu is at 30.7 million paid subscribers as of Feb. 3.
  • By comparison, Netflix has 167 million subscribers worldwide, and about 61 million in the United States.
  • Disney+ is available, so far, in the United States, Canada, the Netherlands, Australia and New Zealand.

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