Disney+ Hits a Major Milestone Subscribers, who now number more than 100 million, can look forward to at least 100 new titles annually.

By Stephanie Mlot

This story originally appeared on PCMag

Disney Media Entertainment & Distribution
Disney+

Disney+ has surpassed 100 million subscribers, company CEO Bob Chapek announced at Tuesday's virtual shareholder's meeting.

Chapek stepped into the CEO role in late February 2020—just in time for a global pandemic. "None of us could have imagined how profoundly the virus would change the world and our way of life," he said. "However, once again, we've demonstrated our resiliency during an incredibly challenging period."

Related: 16 Inspirational Quotes From Walt Disney

In fact, the spread of novel coronavirus was a boon for Disney+, which launched in November 2019 with a library of movies and TV series by Disney, Pixar, Marvel, Lucasfilm, and National Geographic.

The company last fall underwent a strategic reorganization, prying apart original content creation from distribution and commercialization, allowing Disney to make individual decisions based on whether the next Marvel installment, for instance, will make more money in theaters or on streaming.

"The enormous success of Disney+, which has now surpassed 100 million subscribers, has inspired us to be even more ambitious, and to significantly increase our investment in the development of high-quality content," Chapek said in a statement. "We have an impressive number of new episodic series, feature films, documentaries, and specials coming to the service in the next few years."

Subscribers can look forward to at least 100 new titles annually across Disney's various brands. "Our direct-to-consumer business is the company's top priority, and our robust pipeline of content will continue to feel its growth," according to Chapek.

Trickling out over the next three years, that includes 10 Star Wars-adjacent projects, Disney reboots and sequels; animated series featuring characters from Big Hero 6, Zootopia, The Princess and the Frog, and Moana; a Buzz Lightyear origin story (voiced by Chris Evans); and every Marvel TV show and film you've been waiting for (The Falcon and The Winter Soldier, Loki, Ms. Marvel, Black Widow, Thor: Love and Thunder, Black Panther 2, Blade, Captain Marvel 2_, etc.).

As well as a $1 price hike for US customers and $10 bump in annual membership, expected to go into effect on March 26, the Disney Bundle—featuring Disney+, Hulu, and ESPN+—will also see a $1 inflation to $13.99 a month. (Though for an additional $5 each month, you can get ad-free access to Hulu with Disney's new $18.99 streaming bundle.)

Stephanie Mlot

Reporter at PCMag

Stephanie began as a PCMag reporter in May 2012. She moved to New York City from Frederick, Md., where she worked for four years as a multimedia reporter at the second-largest daily newspaper in Maryland. She interned at Baltimore magazine and graduated from Indiana University of Pennsylvania (in the town of Indiana, in the state of Pennsylvania) with a degree in journalism and mass communications.

Editor's Pick

Related Topics

Business News

Renowned Federal Judge, 96, Faces Yearlong Suspension For Refusing to Retire

Judge Pauline Newman, a highly respected figure in patent law, has been suspended for one year by her colleagues due to mounting concerns about her mental fitness.

Business News

These Are the Top 10 'Mega Airports' in North America, According to a New Report

J.D. Power's annual ranking named Detroit Metropolitan Wayne County Airport highest for customer satisfaction for 2023.

Branding

AI vs. a Human Touch: Finding The Right Balance When It Comes to Branding

With branding at the forefront of every marketing strategy, finding the balance between AI and genuine human interaction will help brands foster authentic connections and enhance the customer experience, ultimately driving them ahead of the competition and facilitating long-term growth.

Business News

Christian Influencer Found Guilty of Defrauding Dozens, Ordered to Pay Nearly $90,000

Dana Chanel was the co-owner of two businesses that she heavily promoted to her 1.1 million Instagram followers.

Business News

'This Is So, So Disrespectful': Balmain Truck 'Hijacked' Days Before Paris Fashion Week, 50 Pieces Stolen

Balmain is set to debut its SS 2024 Collection in Paris on September 27.

Science & Technology

5 Mistakes I Learned to Avoid When Working With ChatGPT

What I learned from using ChatGPT for business purposes day-to-day across my content websites.