Disney Says It Will Have 350 Million Streaming Subscribers by 2024

Disney's streaming service, Disney Plus, has seen remarkable growth, reaching 87 million subscribers in just over a year, largely due to the pandemic. This success has driven Disney's stock to record highs, despite challenges in other business areas like theme parks and cruises. The streaming service is now a major revenue driver, with expectations of reaching up to 350 million subscribers by 2024. Interestingly, many subscribers are adults without children, drawn by content like Star Wars. Disney's success is impacting Netflix, with analysts suggesting Disney is leading the streaming industry.

What has been a major factor in Disney's recent stock market success?

• The reopening of movie theaters

• The growth of Disney Plus

• The launch of new theme parks

• Increased cruise line operations

How has the pandemic affected Disney's traditional businesses?

• Increased theme park attendance

• Expansion of studio productions

• Higher cruise bookings

• Closure of theme parks and theaters

What is notable about the Disney Plus subscriber base?

• It is primarily sports fans

• It is limited to the US market

• It includes many adults without children

• It consists mostly of families with children

How has Netflix's share price been affected by Disney Plus?

• It has remained stable

• It has dropped by 30%

• It has decreased significantly

• It has increased by 70%

Which company is considered a leader in the streaming industry?

• HBO Max

• Disney

• Hulu

• Amazon Prime