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Discovery+ Is Off to a Stellar Start


Discovery Communications (NASDAQ: DISCA) officially made its entry into the streaming wars at the start of 2021, and it already counts over 11 million subscribers for its flagship service, Discovery+.

While the company had a running start with soft launches in Europe and an existing service called DPlay, it added 7 million new subscribers in the fourth quarter. That's far better than the starts of some of its competitors like AT&T's (NYSE: T) HBO Max and more akin to the early success of Walt Disney's (NYSE: DIS) Disney+.

Image source: Getty Images.

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Source Fool.com

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