Disney + has already reached more than 50 million subscribers in the 5 months that it has been launched, this is a great achievement for the company, since others of this style have not reached that much in such a short time. Considering this, it is easy to think that this streaming platform manages to get many users in the coming years, and more when it has more exclusive content, such as Marvel, or Stars Wars, because they are currently the franchises that have had the most popularity at Disney.
Recently, the Guggenheim Securities analyst called Michael Morris has again calculated the forecast from Disney +, this time by the end of 2024. Previously it had obtained an approximate of 135 million subscribers for this year, but considering that the numbers have increased significantly during the quarantine to avoid COVID-19, the results indicate that the streaming platform will have more than 226 million subscribers by then, which is only slightly less than the number of users Netflix will have by 2024.
"For comparison, we forecast Netflix to have 292 million global paying subscribers by the end of 2024, up from 167 million at the end of 2019. We expect investors to focus particularly on Disney + subscribers, the average price and prospects. … Beyond Disney +, progress on Hulu (and to a lesser extent ESPN +), trends in media networks, including affiliate renewals and incremental ACC network transportation, the results of the study driven by Star Wars: The Rise of Skywalker and Frozen 2 releases, and park trends are likely to be in focus. ”
On the other hand, the analyst has also highlighted that the Disney establishments that have closed due to the pandemic, will significantly affect the company, due to the fact that there will be a total loss of approximately 750 million dollars. That is, on the one hand they will have an advantage with Disney +, but on the other they will lose due to the suspension of the parks and tourist centers.
