Disney’s 2022 Earnings Report Show Continued Growth for Hulu, ESPN+, and Disney+
In an eventful Disney 2022 earnings report, the Walt Disney Company has shown its continued growth for Hulu, ESPN+, and Disney+ subscriber base.
With the Disney umbrella presenting so many different avenues and endeavors, Walt Disney’s 2022 earnings report has shown the continued strengthening of its various streaming services.
The company has experienced tremendous growth across the board for Hulu, ESPN+, and Disney+ in the second year of its streaming pursuits.
With Disney entering 2022 as its 100th year, all eyes are on Bob Chapek and Company to see just how they answer the sky-high expectations.
In a report from Digitaltrends.com, Bob Chapek stated:
This marks the final year of the Walt Disney Company’s first century, and performance like this, coupled with our unmatched collection of assets and platforms, creative capabilities, and unique place in the culture, give me great confidence we will continue to define etnertainemtn for the next 100 years.
Disney+, the Disney-exclusive streaming service that has been an obvious focus for the company’s continued growth and competitiveness in the ever-evolving streaming war, now stands at 129.8 million subscribers.
That number exceeds. the118.1 million that were present at the end of the previous quarter, and more than almost 35 million subscribers that the company had at this point last year.
Hulu also experienced some interesting growth to note, as its full-service subscribers now stand at 45.3 million; a number that is up from its 39.4 million at this point last year.
The numbers get more interesting when one considers the 4.3 million subscribers to Hulu with Live TV, which, although only being 300,000 more for the quarter, is the most subscribers of any live streaming service in the United States.
Finally, ESPN+ has risen to a subscriber base of 21.3 million; which is nearly double the 21.1 million that it had in the first quarter of 2021.
The dominance of the Walt Disney Company in the streaming war shouldn’t come as a surprise, as Disney+ and the company’s various streaming platforms have been a clear focus.
Still, with the expected expansion of Disney+ to 42 new countries and 11 new markets this summer, we’re only witnessing the beginning of just how Disney’s streaming service can dominate this market.