Posted on 11/13/2019 1:12:57 PM PST by FewsOrange
Disney’s new streaming service, Disney+, has already seen 10 million sign-ups since launching Tuesday, the company announced Wednesday. Disney’s stock was up 7.35% by Wednesday’s close, adding more than $13 billion to its market cap, which now sits at $268 billion. Netflix shares were down 3.1%. Disney’s new streaming service launched Tuesday with some technical errors that prevented some users from connecting with the service. But that didn’t stop customers from flooding the sign-up page.
At $6.99 per month or $69.99 per year, Disney+ is significantly cheaper than competitors such as Netflix, which charges $12.99 for its most popular standard HD plan. Disney is offering a seven-day free trial, so likely not all of the sign-ups represent customers who will continue to pay for the service. Disney did not immediately respond to a question about whether the 10 million sign-up figure included presales. Verizon is also offering its customers a free year of Disney+, which could further boost its subscriber numbers. Even with the promotional deals, Disney+ has already achieved huge sign-up numbers while competitors such as Netflix and Hulu have taken years to build their audiences. The company has already signed up more than 10% of the high end of its forecast of 60 million to 90 million subscribers by the end of 2024.
Disney+ has yet to roll out to many countries beyond the U.S., Canada and the Netherlands, which were included in Tuesday’s launch. The platform will be available in Australia and New Zealand on Nov. 19. More countries will get Disney+ in the coming months. For comparison, it took CBS about five years to reach 8 million streaming subscribers combined for CBS All Access and Showtime. CBS said it reached its subscriber goal two years earlier than expected. Disney-owned Hulu, which has an advertising-based streaming model, claimed more than 28 million subscribers in May. Of those subscribers, 26.8 million are monthly paying customers, while the remaining have promotional accounts. Netflix claimed more than 60 million paid domestic members in its third quarter of 2019 and more than 97 million international paid members.
In short, Disney has made a significant move against its rivals just over a day since launching, even before Disney+ becomes fully available across the globe.
What is TVZion?
Basically all things Disney, on demand.
Including Pixar, Star Wars, Marvel, etc.
Thanks for that. No Scarecrow of Romney Marsh? That’s a deal breaker for me. Maybe I missed it...
“Content providers getting into the streaming business means Nexflix will not be able to compete. A Nexflix competitor will not sell content to Netflex.”
The other side of that coin is that people will pay $12.99 to Netflix which aggregates content from dozens of content creators because that is a good value (even if you sometimes wait a year to see a movie or season of a tv series).
I really don’t think many people are going to pay half that price to see content from just a single creator. That’s not a good value.
If you really want to do that, wait til the whole season is out, then use the free week and binge watch it.
They have Mr. Boogety. And The Shaggy DA starring Tim Conway and Dean Jones.
There is a free DisneyGo app for streaming along with http://www.philo for $20 bucks a month
Philo is an app that works like cable and gives you around 30 channels including several Nickelodeon channels. We just cut the satelite off when we got this.
Yes there are new shows on the DisneyPlus and many old ones. I saw Hannah Montana and a few others, but I haven’t explored all of them. I am sure a google search will show you many more details.
No the DVD versions will still be available.
Do they have the old Wonderful World of Disney shows that ran from the 50’s to the 80’s
Watched the Davy Crockett episode,loved reliving that memory
As long as Netflix gets British shows like Black Mirror, they’ll be fine. In fact, they’ll be better off. Disney has some good old stuff but they haven’t been that creative lately.
I guess P.T. Barnham was right.
I don’t know. I saw Davey Crocket vs the River Pirates on there.
Signed up with Iqiyi on YouTube - they have an IOS app. Known as the Netflix of China.
Excellent production values for a Chinese streaming service and its free! Next to Viki - a must watch!
If you love Asian shows, its right up your alley.
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