Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

NewsBreak: Disney+ Tops 10M Subscribers on First Day; Disney Shares Jump

Published 11/13/2019, 12:26 PM
Updated 11/13/2019, 12:34 PM
© Reuters.

Investing.com – Disney said Wednesday its Disney+ plus streaming service surpassed 10 million subscribers on its debut yesterday, sending shares to session highs.

  • Shares of Disney (NYSE:DIS) jumped sharply after the announcement, rising 3.2% in midday trading.
  • Wall Street was looking for about 8 million subscribers for the first day.
  • Disney is offering a one-week free trial of the service, so not all current subscribers will convert to paying memberships.
  • Latest comments

    Gotta take into account Verizon's offer of 1 year free! I know many who jumped on that one, self included.
    Awesome
    Sardar do your surf?
    8mil is probably just 1/3 of Star war fans alone I can see at least 20 to 80 mil subs by q3
    next year
    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.