Disney+ adds 12 million customers, a strong showing in an uncertain streaming market
We don't talk about Bruno. But amid growing questions about the growth and health of the streaming video business, Disney is more than happy to boast about its subscriber numbers.
Walt Disney Co.'s flagship streaming service Disney+ added nearly 12 million subscribers in its first quarter of fiscal 2022, bringing its total to 129.8 million, the Burbank-based entertainment giant said Wednesday. That's up 37% from Disney+'s count a year prior.
The growth significantly exceeded analysts' expectations. On average, analysts polled by FactSet had anticipated 6.6 million new subscribers in the quarter.
Wall Street, which watches subscriber numbers like Marvel fans looking for Easter eggs, was pleased with the results.
Disney's stock, which
