Disney+ has surpassed 100 million subscribers worldwide in less than a year and a half after the streaming service launched. Disney CEO Bob Chapek announced the milestone during its annual shareholders’ meeting.
Earlier this February, the company reported 94.9 million subscribers. Although executives didn’t say what caused the increase in subscribers, the recent success of Marvel’s WandaVision and the premiere of Raya and the Last Dragon were likely factors.
“The enormous success of Disney+… has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content,” Chapek said.
“In fact, we set a target of 100+ new titles per year, and this includes Disney Animation, Disney Live-Action, Marvel, Star Wars, and National Geographic. Our direct-to-consumer business is the company’s top priority, and our robust pipeline of content will continue to fuel its growth.”
Topping 100 million subscribers is an incredible feat for House of Mouse. The service first launched in the US in November 2019, it’s most recent launch being in Singapore on 23 February 2021.