Disney Plus Hits Slowdown to Add Just 2.1 Million Subscribers, Misses Wall Street Expectations

Disney Plus slammed on the brakes in the most recent quarter, gaining 2.1 million customers — the streamer’s slowest growth since launching two years ago. As of Oct. 2, Disney Plus had 118.1 million paid subscribers worldwide, inching up from 116 million at the end of the prior quarter, the company said in reporting its fiscal Q4 2021 results. Click here to sign up for Variety’s free Media Earnings newsletter. The number was well short of Wall Street forecasts, which had pegged around 10 million net adds: Analysts on average expected Disney Plus subscribers to reach 126.2 million for the… Read Full Article