Disney+ added fewer subscribers than expected this quarter | Engadget

Disney+ added just 2.1 million subscribers in its fourth quarter, giving it a total of 118.1 million customers. The company did stream two blockbuster movies, Black Widow and Jungle Cruise, but original films weren't a strong point.Things are looking brighter for the fall. Chapek teased the prospect of a Disney metaverse that would involve the company's charcters and meld both the physical and virtual worlds. While it didn't initially shed much light on the problems, we'd note that Disney+ had a relatively quiet summer for shows, with series like What If...? These were expected due to the growing service, but they suggest Disney+ isn't yet a net positive for Disney two years after launch. Disney+ is streaming Shang-Chi on November 12th, launching shows like Hawkeye and The Book of Boba Fett, and expanding into countries like South Korea. For now, this is more an attempt to counter Facebook's Meta rebranding than a tangible project.Please enter a valid email address
The fall hasn't been kind to Disney's streaming ambitions. Disney+ added just 2.1 million subscribers in its fourth quarter, giving it a total of 118.1 million customers. That's in line with the comp… [+1921 chars]