Earlier this year, Walt Disney's (NYSE: DIS) one-year-old namesake streaming service, Disney+, benefited from elevated demand as consumers sheltered at home. However, skeptics had concerns that the service's rapid growth could slow dramatically as more people started returning to work in Q3. While growth decelerated, it was still rapid. In fact, sequential growth in the new service far exceeded Netflix's (NASDAQ: NFLX) growth rate over the same period.
Also bolstering Disney's streaming service during the quarter was strong growth in the media company's other streaming offerings, ESPN+ and Hulu.
Here's a closer look at Disney's thriving streaming business.
Source Fool.com