Disney Plus has signed up 50 million paid subscribers worldwide
Disney announced on Wednesday that Disney+, its new video service, now has more than 50 million subscribers. That's almost twice as many as Disney reported on February 4, when it said in its Q1 earnings that Disney+ reached 26.5 million subscribers during the quarter. At the time, former CEO Bob Iger said that about 20% of those subscribers came through a distribution partnership with Verizon. Disney+ is offered for free to some Verizon customers for a year.

It has since expanded to 14 total countries, including India and much of Western Europe. Disney noted Wednesday that 8 million of its subscribers are in India, where the service combined with the existing Hotstar streaming service there. The coronavirus, which causes the respiratory disease known as COVID-19, has also spurred more demand for streaming in recent weeks. As the virus spread rapidly around the world into a pandemic, it has shuttered swaths of the entertainment industry and confined people globally to their homes. That's resulted in spikes in video streaming.

To compare, Netflix has 167 million subscribers around the world, or just under one-third of Netflix’s total subscriber base. Hulu, Disney’s other streaming service, has 30 million subscribers. Hulu only operates in the United States, however, and Disney is looking at an international rollout beginning in 2021. If you want to know where is the safest place to buy Disney Plus Account Subscription, I think is your best choice, after all, the site has been officially certified,so it's very safe.

Analysts say the coronavirus pandemic has most likely helped Disney Plus maintain existing subscribers and attract new ones, as parents look for ways to entertain homebound children. Disney Plus, which offers movies and shows from the Disney, Marvel, Pixar, “Star Wars,” National Geographic and “Simpsons” universes, has also benefited from a low monthly cost — $7 for those paying full price — and zealous marketing. An exclusive Disney Plus offering, “The Mandalorian,” a live-action “Star Wars” series, has been a runaway hit.

Meanwhile, the ongoing COVID-19 pandemic could present near-term problems for Disney Plus by crimping its pipeline of fresh content. While millions of consumers around the globe have been lured by Disney’s strong library in initial market launches, Disney Plus will need to serve up new material to persuade them to keep paying for it in the coming months.