Disney+ Release Was So Successful That Other Streaming Sites Should Be Scared
After months and months of anxiously waiting, the big day has finally arrived — since 6 a.m. EST, Disney+ subscribers have finally been able to access the new streaming service. With so many shows and movies from the Disney vault, as well as an incredible selection of Marvel movies, people have been eager to check out Disney+ and see if it's worth cancelling their other subscriptions. Disney+ release date was so successful that other streaming sites should be scared.
To put that into perspective, Netflix has an estimated 60.6 million subscribers in the U.S., and over 150 million worldwide. This means that Disney+'s early subscriber numbers make up just 3% of Netflix's U.S. subscribers — keep in mind, though, that Netflix has been around for years.
According to data given to Business Insider by Jumpshot, 34% of Disney+ subscribers are also subscribed to at least one other streaming service. Many people are taking advantage of Disney+'s free one-week trial before determining if they want to subscribe to it long term.
According to Variety, Disney+ is projecting pretty big subscriber numbers for the next five years. By the end of 2020, the service is looking at racking up about 13 million subscribers, and by 2024, they're looking at 60-90 million as a conservative guess.
The streaming service launched in Canada, the U.S., and The Netherlands today, with Australia and New Zealand's launch coming on November 19, and even more countries to come in early 2020.
Although they're in direct competition, the content you'll find on Netflix vs. Disney+ couldn't be more different. Disney is really playing on the nostalgia side of things, bringing you your favourite shows and movies from your childhood, while Netflix continues to pump out original content.
Business Insider also shared that approximately 100,000 users signed up for Disney+ this weekend alone, so it will be interesting to see what the subscriber count is looking like by the end of the day.
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