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Walt Disney Co. ’s flagship streaming service Disney+ is growing at such a clip that the company’s world-wide subscriber count could triple to 260 million by 2024, the company said Thursday.
That is a massive increase from its current count of 86.8 million subscribers worldwide.
The revised guidance puts Disney’s year-old service in the league of its chief streaming competitor, Netflix Inc., which currently has nearly 200 million subscribers globally but isn’t growing as fast as Disney+.
Disney+ has already surpassed the company’s previous guidance, when it said it hoped to reach between 60 million and 90 million subscribers by 2024 .
It added more than 13 million subscribers between early October and early December.
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