50 Million Disney+ Subscribers Is Just the Start
Disney (NYSE: DIS) surprised investors when it announced Disney+ now has 50 million global subscribers. It's been only five months since the service's official launch in the U.S., and it's been mere days since it came to Western Europe and India.
It's now even more evident that Disney's five-year outlook for the service to reach between 60 million to 90 million global subscribers was too conservative. With upcoming launches in Japan, Eastern Europe, and Latin America, Disney+ still has a lot of subscriber growth left.
Still, there are some important details for investors to take away from Disney's announcement, and there are reasons to believe Disney's future growth will slow considerably.
Source Fool.com
