News That Matters

Tag: Hulu

Disney says it has more streaming customers than Netflix
Business

Disney says it has more streaming customers than Netflix

The Walt Disney Co. said its three main streaming services — Disney+, ESPN+ and Hulu — have grown their subscriber numbers to more than 235 million as of October 1, or above Netflix's 223 million subscribers. Disney, which on Tuesday reported its latest quarterly results, said Disney+ added 12.1 million customers in the most recent quarter, while ESPN+ added 7 million subscribers and Hulu added 3.4 new accounts. Disney and Netflix are locked in a battle for viewers, with both working on lower-priced ad-supported tiers to compete for cost-conscious consumers. While Netflix debuted its ad-supported network this month, Disney+ will roll out its own version on December 8.  "Disney+'s ad-supported tier is going to be a game changer for its subscrib...