Insights

Disney+ to hit $4 billion in revenue by 2022

And all of Disney’s streaming services make it a looming threat to Netflix.
The post Disney+ to hit $4 billion in revenue by 2022 appeared first on The Motley Fool Australia. –

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

disney stock represented by baby yoda looking skyward

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

So sweeping has been consumer acceptance of Walt Disney Co‘s (NYSE: DIS) streaming service in its first year of operation that Disney+ is now expected to generate over $4 billion in revenue in the next two years.

The industry watchers at eMarketer say the service’s revenue will hit $1.94 billion by the end of 2020, but with the $1 price increase coming next year, that will catapult Disney+’s contribution to the entertainment giant.

House of Mouse powerhouse

Ever since launching in November 2019, Disney+ has been a commercial success, racking up an astounding 86.6 million subscribers in its first year of operation.

While it got a big assist from Verizon Communications, which offered various customers free one-year subscriptions, which Disney is now beginning to lap, then-CEO Bob Iger said they amounted to only 20% of the first quarter’s total subscriptions.

There are other promotions still out there that will slightly artificially inflate the numbers, but it’s clear Disney+ has been an unmitigated success that even eMarketer sees as soon being able to challenge Netflix Inc (NASDAQ: NFLX).

It forecasts that by the end of 2022, the combined streaming services of Disney+, Hulu, and ESPN+ will generate some $12.36 billion in revenue for Disney compared to $12.95 billion for Netflix.

Certainly, Disney+ got a tremendous boost from the pandemic as families with young children eagerly signed up for the library of Disney programming. It might not be able to keep reporting such meteoric growth, but analysts still see it expanding its subscriber base, potentially hitting 194 million by 2025.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Where to invest $1,000 right now

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.

See The 5 Stocks

*Returns as of June 30th

More reading

Rich Duprey has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Netflix and Walt Disney. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Verizon Communications and recommends the following options: short January 2021 $135 calls on Walt Disney and long January 2021 $60 calls on Walt Disney. The Motley Fool Australia has recommended Netflix and Walt Disney. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

The post Disney+ to hit $4 billion in revenue by 2022 appeared first on The Motley Fool Australia.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!