Walt Disney chief executive Bob Chapek told investors on Thursday that the company’s year-old streaming TV service Disney+ had passed 86.8 million subscribers, beating its “wildest expectations.”
The entertainment giant is prioritizing exclusive programming, original shows and movies, and bundled streaming services to build on the momentum of its various offerings which extend beyond Disney+ to include ESPN, Hulu and Star, executives said during an investor day.
“We knew this one-of-a-kind service featuring content only Disney can create would resonate with consumers and stand out in the marketplace,” Chapek said of Disney+.
“This success has bolstered our confidence in our …
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