Walt Disney (NYSE: DIS) is cementing its place atop the streaming industry.
The entertainment titan added 14.4 million Disney+ subscribers in its fiscal third quarter, which ended on July 2. That was well above the 10 million additions Wall Street expected.
Disney ended the quarter with 152.1 million Disney+ customers, up 31% compared to the prior-year period. Across all its streaming services , which include Hulu and ESPN+, Disney's subscriber base grew to 221.1 million. That's slightly above the 220.7 streaming paid memberships Netflix (NASDAQ: NFLX) reported at the end of June.
For further details see:
Disney Takes the Lead in Streaming. Is It Time to Buy Disney Stock?