TECH - Disney CEO Bob Iger Says Ad-Supported Disney+ Offering Grew By 2M Subscriptions In Q4 — Here's How It Holds Up Against Netflix | Benzinga
In its fourth-quarter earnings conference call, The Walt Disney Company (NYSE:DIS) CEO Robert Iger revealed that the ad-supported Disney+ offering witnessed a substantial increase in subscriptions during the quarter.
What Happened: Iger said that the ad-supported Disney+ product gained around two million new subscriptions in Q4, reaching a total of 5.2 million. He went on to note that over 50% of the new U.S. subscribers in the fourth quarter opted for the ad-supported Disney+ product.
These subscribers also spent 34% more time on the service over the past six months, he said.
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