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Disney CEO Projects Lower Q4 2021 Subscriber Numbers

Michael King

Disney CEO Bob Chapek warned on Tuesday afternoon of lower long-term subscriber growth for the fourth quarter for Disney+, definitely muted over the strides made in Q3.

Chapek made the comments during the annual Goldman Sachs Communacopia Conference.

During the company’s Q3 earnings call in August, Disney announced that Disney+ added 12.4 million subscribers in Q3 2021 for a total of 116 million overall — that was up from 103.6 million in the second quarter. The continued release of Marvel shows like Loki has provided a steady stream of content, while a combination of Premier Access blockbusters and complementary new Pixar titles kept movie fans satisfied during the summer months.

“We’re (still) very confident about our long-term sub growth as we have been in Q4 (of 2021). I think what you can expect to see is that our global paid subs will increase by low single-digit millions of subscribers versus Q3,” Chapek said on Tuesday. “Our core markets sub growth will continue, both domestically and internationally in Q4 … We hit some headwinds; I already talked about Latin America — again, trying to mobilize the partners (to) get that thing (Star+) going, just like we saw with Disney Plus.”

Star+ launched in Latin America on August 30 as a standalone service, separate from Disney+, but containing much of the same content that Hulu streams in the United States and is included under Star as a marquee of Disney+ in other markets.

Chapek’s forecast is significantly lower than some estimates by Wall Street analysts. CNBC reported that Deutsche Bank analyst Bryan Kraft had projected Disney+ net adds of about 13 million for Q4.

“One thing that I think we’re not exactly aligned with … is the quarter-to-quarter business is not linear,” Chapek said, trying to put a more positive spin on things.

He admitted the surge in COVID-19 cases from the Delta variant around the world likely played a part in the lower numbers. ‘Mobilizing partners’ in Latin America to push Star+, the COVID-related suspension of the Indian Premier League cricket competition — whose games appear on Disney’s Hotstar service in that nation, and now streaming on ESPN+ in the United States — as well as other production delays related to the Delta variant, have all hurt subscriber numbers during the fourth quarter.

  • Disney+

    Disney+ es un servicio sin anuncios servicio de vídeo en streaming que ofrece series y películas exclusivas de Disney, Pixar, Marvel, Star Wars, National Geographic y mucho más. Disney ha revelado que su servicio de transmisión llegará el 17 de noviembre de 2020.

    El precio del servicio en streaming de Disney será US$ 5.99 / mes o US$ 59.99 / año (US$ 5.00 / mes).

    La aplicación tendrá una calidad de 4K en streaming, descargas ilimitadas, 4 visiones simultáneas, hasta perfiles, con cientos de avatares para tu perfil personal.

    El primer año se añadirán 25 películas nuevas originales, más de 10 películas, 7 500 episodios de series de televisión, 100 películas nuevas y 400 títulos del catálogo completo de Disney Vault. Además, estarán disponibles nuevos lanzamientos como Toy story 4, El rey león y Aladín; así como, clásicos como La sirenita y Cenicienta.

    La compañía ha anunciado varias series y películas originales que estarán disponibles para el lanzamiento, como The Mandalorian, el spin-off de Star Wars con 8 episodios por el valor de 100 millones de dólares, High School Musical: El Musical, El mundo según Jeff Goldblum y La dama y el vagabundo.

    Puedes ver la lista completa de series y películas consultando Disney, Disney Channel, Star Wars, Pixar, Marvel, Nat Geo o todo el contenido disponible de Disney Plus en Disney+ Streaming Movie List.

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  • Star+

    Star+ es un servicio de transmisión de entretenimiento y deportes que se lanzará el 31 de agosto de 2021 en América Latina. El servicio incluye el servicio de transmisión de deportes en vivo de ESPN y series de televisión y películas de Disney Television Studios, FX, 20th Century Studios, Star Original Productions, National Geographic Original Production.

    Desde dramas hasta comedias (incluidas todas las temporadas de “Los Simpson”) y thrillers para adultos, Star+ también contará con programación original exclusiva de la marca de entretenimiento general Star, junto con una colección de producciones regionales originales de América Latina.

    Los suscriptores pueden ahorrar dinero al combinar Star+ con Disney +. Cuando se suscribe a ambos servicios, puede obtener Disney + y Star+ por US$ 13.99 / mes.

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