In the third quarter of 2024, Disney+ Core, excluding India's Disney+ Hotstar, reportedly generated an average monthly revenue of 7.22 U.S. dollars per paying subscriber worldwide, marking a decrease from the previous quarter of the same year. This drop is significant, given Disney's recent struggles to reach positive profits with its streaming division.
Financial challenges for Disney’s streaming division
In contrast to Disney’s direct-to-consumer business reporting losses, competitors like Netflix and Warner Bros. Discovery's DTC segment have managed to achieve operating profits. Furthermore, Disney+ has faced the challenge of retaining customers recently, and particularly the Indian brand Disney+ Hotstar experienced a decline in subscribers in the company's first two fiscal quarters of 2023.
Disney’s diverse content catalog
Despite this, Disney+ has emerged as a formidable contender in the subscription video-on-demand (SVOD) landscape, fueled by its vast range of content from Disney’s various subsidiaries, including Lucasfilm, 20th Century Studios, Pixar, and Marvel Entertainment, making it appealing to audiences of all ages. The availability of popular original series like "Moon Knight" and "Obi-Wan Kenobi" exclusively available on Disney+ has further solidified its position as a leading player in the streaming arena.
Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024
(in U.S. dollars)
fiscal year ends late September/early October of the corresponding calendar year
Supplementary notes
Includes subscribers to the bundle, which offers Disney+, Hulu, and ESPN+. A subscription bundle is considered a paid subscriber for each service in the bundle. As of the company's Q3 2020 report, results also include data for Disney+ Hotstar in India, which launched on April 3, 2020.
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Walt Disney. (August 7, 2024). Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024 (in U.S. dollars) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/
Walt Disney. "Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024 (in U.S. dollars)." Chart. August 7, 2024. Statista. Accessed September 19, 2024. https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/
Walt Disney. (2024). Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024 (in U.S. dollars). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/
Walt Disney. "Average Monthly Revenue per Paying Subscriber of Disney Plus Worldwide from 1st Quarter 2020 to 3rd Quarter 2024 (in U.S. Dollars)." Statista, Statista Inc., 7 Aug 2024, https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/
Walt Disney, Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024 (in U.S. dollars) Statista, https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/ (last visited September 19, 2024)
Average monthly revenue per paying subscriber of Disney Plus worldwide from 1st quarter 2020 to 3rd quarter 2024 (in U.S. dollars) [Graph], Walt Disney, August 7, 2024. [Online]. Available: https://www.statista.com/statistics/1115395/disney-plus-average-revenue-per-subscriber-worldwide/