Disney has overtaken Netflix as the world’s largest streaming operator.
In its Q3 2022 earnings, the company revealed that it had a total of 221.1 million streaming customers globally, overtaking Netflix’s total of 220.67 million worldwide.
The company added 14.4 million Disney+ subscribers, beating analyst expectations of 10 million due to the pull of originals such as Obi-Wan Kenobi and hotly anticipated feature films including Doctor Strange in the Multiverse of Madness. Disney+ (excluding the Asian market-oriented Disney+ Hotstar) was at a total of 93.6 million subscribers, while Disney+ Hotstar was at 58.4 million for a total Disney+ base of 152.1 million.
Sports streamer ESPN+ saw the largest proportional year-over-year growth of 53% from 39.1 million in Q3 2021 to 42.2 million today. Hulu meanwhile increased by 8% in the same period to 46.2 million.
Disney will…
