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Disney+ Growth Slows Sharply; Service Now At 118.1M Global Subscribers

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Disney reported reaching 118.1 million global subscribers with its flagship streaming service Disney+, about two years after it launched.That’s just 2.1 million more than the company reported in August as of the end of its fiscal third quarter, a dramatic slowdown in progress for the outlet.The company divulged the streaming numbers as part of its fiscal fourth-quarter earnings report.Analysts polled by FactSet had expected 126 million Disney+ subscribers.ESPN+ came in at 17.1 million subscribers, ahead of analysts’ forecast.

Hulu is at 43.8 million, including both the on-demand service and live TV package. While that number was an uptick from last quarter, it was below Wall Street estimates.CEO Bob Chapek had signaled in September that

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