Disney+ Is Already Approaching 2 Million Subscribers

Yesterday, Disney (NYSE: DIS) launched its highly anticipated video-streaming service Disney+, which was mired by various technical glitches. The company attributed the hiccups to overwhelming demand, which wouldn't be the first time. A promotion from a few months back that brought the service's cost down to less than $4 per month when committing to a three-year subscription caused Disney's site to crash, in another sign of strong demand. CEO Bob Iger has characterized Disney+ as the most important -- and riskiest -- product launch under his tenure.

Disney+ might already have 1.9 million subscribers.

The demand for #DisneyPlus has exceeded our highest expectations. We are so pleased you're excited to watch all your favorites and are working quickly to resolve any current issues. We appreciate your patience.

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Source Fool.com