The Golden Globes will air this Sunday, but the award show has been tainted by recent scandal — as well as the coronavirus pandemic which will force this year's production to go virtual.
With Disney+ boasting 95 million global subscribers just 14 months after its launch, Walt Disney (NYSE: DIS) and its investors have to be pleased. If it hits that new target, the streaming service will surpass Netflix's (NASDAQ: NFLX) current subscriber total. According to internal data seen by tech-sector news site The Information, 40% of Disney+ subscribers are in the U.S. And McCarthy said about 30% of its subscribers are on the Disney+ Hotstar plan, heavily concentrated in India.
When Disney (NYSE: DIS) reported first-quarter earnings last week, strength in streaming video helped the company deliver a surprise profit. Subscribers to Disney+, the company's flagship streaming service, came in at nearly 95 million; 21 million were added over the preceding three months alone. This means that in just over a year, Disney+ has added nearly half as many subscribers as Netflix (NASDAQ: NFLX) added in a decade.