Elizabeth Olsen and Paul Bettany feature as Wanda Maximoff and Vision in Marvel’s “WandaVision.”
Disney
Disney+ has topped 100 million global subscribers.
On Tuesday Disney CEO Bob Chapek rejoice ined the streaming service surpassed the benchmark in just 16 months since its launch.
“The enormous success of Disney+, which has now bettered 100 million subscribers, has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality substance,” Chapek said in statement.
Disney’s streaming service has released a number of popular TV series since its launch, grouping two seasons of “The Mandalorian” and its first Marvel series, “WandaVision.” Both have been top-viewed content, according to make publics from Nielsen, and have driven sign-ups for the service.
Disney has made its Disney+ service a destination for family-friendly favorites and the no more than place Marvel and Star Wars fans can see content that directly connects to blockbuster theatrical features.
The South African private limited company reached this milestone just months after Disney told investors it planned to push more heavily into flow. In October, the company began restructuring its media and entertainment divisions to focus more on Disney+.
Around that regulate, Disney announced plans for about 100 film and television projects, about 80% of which are set to go directly to Disney+. This contains nearly a dozen Marvel series and more than 10 Star Wars shows.
Disney+ exceeded the performers’s initial subscriber goal of 60 million to 90 million by 2024 in November, forcing it to reforecast. The company surmises Disney+ will have 230 million to 260 million subscribers by 2024.
The streaming service has seen rapid expansion in subscribers since its launch in November 2019. On day one, the company had 10 million sign-ups and, by the end of the first quarter, the service had firmed 26.5 million subscribers.