Disney+ doubles subscriber base to 116 million in Q3 after release of Marvel's 'Loki'
said in its earnings report on Thursday that subscribers to Disney+ doubled to 116 million subscribers from 57.5 million a year earlier. The results beat analysts' average estimates by nearly 1.5 million, according to StreetAccount.beat estimates on earnings and revenueAnalysts remain optimistic that Disney+ will reach its goal of 230 million to 260 million subscribers by 2024, as the company continues to roll out exclusive content. Consumers, however, are on average paying less.
Among the most recent releases from Disney+ are the mini-series "The Falcon and the Winter Soldier," based on Marvel Comics characters, and "Loki," another Marvel-based series. The Pixar feature film "Luca" came out in June. While the service is growing rapidly, it also faces a legal battle with "Black Widow" star Scarlett Johansson, who is
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