Disney surpasses Netflix in subscribers and earns 53% more in its first fiscal quarter

Written by ebookingservices

The American leisure and entertainment giant The Walt Disney Company announced this Wednesday that it had, at the end of the third quarter, 152.1 million subscribers of its Disney + service, while the number of paying users of ESPN + reached 22.8 million and those of Hulu added 46.2 million users, which raised the total subscribers of the different platforms of the multinational to 221.1 million, 27.3% more than a year before and above the 220.6 million of Netflix.

In addition, Disney obtained an attributed net profit of 1,409 million dollars (1,372 million euros) in the third quarter of its fiscal year, which represents an advance of 53.5% compared to the result recorded in the same period of the previous year, according to the company, which reached more than 221 million subscribers on its platforms, thus surpassing Netflix’s 220.6 million.

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