1 Reason Disney+ Likely Added Millions of Subscribers -- and It's Not "The Mandalorian"
Walt Disney (NYSE: DIS) is set to announce its fourth-quarter and fiscal 2020 results on Nov. 12. While the rest of its businesses are continuing to struggle amid a global pandemic, its streaming services are thriving. Overall, they have attracted over 100 million paying customers.
Disney+ has been the star, gaining subscribers at a blistering pace since it launched in Nov. 2019. It has already reached over 60 million paying customers as of the most recent update. Since that update, the company has introduced the service to several additional countries, started releasing the second season of the popular show The Mandalorian, and made Mulan available for purchase for members only on Disney+. All of those likely attracted many more viewers to its service. However, there is one additional reason that the company will likely report millions more subscribers, and it's not any of the ones mentioned above.
Source Fool.com
