Streaming services – Disney catches up with Netflix – Economy

The entertainment group Walt Disney has seen rapid growth with its streaming services in the most recent financial quarter. The on-demand services Disney+, Hulu and ESPN+ combined had a total of 221 million subscriptions at the end of June. Disney has thus caught up with the previous market leader Netflix, which recently lost customers and also ended the past quarter with 221 million user accounts. Disney immediately used the strong demand to introduce strong price increases. The price for the ad-free standard subscription to Disney+ for US customers should increase by three dollars to $10.99 per month, and Hulu will also be slightly more expensive.

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