Disney+ Has Generated More Than $100 Million From Subscribers
In early November, to a great deal of fanfare, Disney (NYSE: DIS) launched its flagship entry into the streaming wars -- Disney+. The debut was an unqualified success. Disney cited "extraordinary demand" on its first day of operations, saying it had "a remarkable 10 million sign-ups since launching." Disney also said it had "no plans" to release subsequent subscriber updates until its next quarterly earnings call in early February.
A number of third-party analytics companies have been tracking the progress of Disney+ in the interim, however, and signs are encouraging for the House of Mouse and for Disney investors.
Image source: Disney.
Source Fool.com