Walt Disney (NYSE: DIS) surprised everyone -- even itself -- when it announced 10 million sign-ups for Disney+ within 24 hours of launching the service. It hasn't slowed down much in the two weeks since launching either. The Disney+ app has been downloaded 15.5 million times so far, according to data from Apptopia, with in-app purchases totaling over $5 million.
With all the success of Disney+, investors in competing streaming services like Netflix (NASDAQ: NFLX) may be worried about the kind of impact it'll have. But Apptopia found no negative effect on downloads or user sessions in Netflix or other major streaming competition.
That said, there are two other streaming services that have seen a considerable impact from the launch of Disney+: Hulu and ESPN+. Apptopia found downloads for each increased 50% in the two weeks since the launch of Disney+ launch compared to the prior two weeks. It appears Disney's bundle is working well.