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Disney Plus Subscribers Drop To 146.1 Million

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Disney Plus ended the second calendar quarter of 2023 with 146.1 million global subscribers, and this represents a massive decrease when compared to the previous quarter.

In spite of not being as old as some other streaming services, the Disney Plus subscriber base has grown rapidly. By the start of 2023, for example, the number of Disney Plus subscribers had grown to more than 161 million.

This year, however, Disney Plus has seen some declines. After losing 4 million subscribers during the first calendar quarter of this year, Disney today confirmed that another 11.7 million Disney Plus subscribers were lost during the second calendar quarter of 2023.

As of July 1st, Disney Plus had a total of 146.1 million subscribers. Not only is the this a decrease on the first quarter of the year, but it is also a decrease on the 152.1 million subscribers reported at the end of the second calendar quarter of 2022.

When looking at 2023 as a whole so far, the latest subscriber numbers confirm that Disney Plus has lost around 15.7 million subscribers since the start of this year.

That said, almost all of the losses encountered during the second quarter of the year were subscribers based in India and Southeast Asia. In total, the company’s Disney+ Hotstar business lost more than 12 million subscribers during the three months.

If looking at just the domestic (US and Canada) market, Disney Plus closed calendar Q2 2023 with 46 million subscribers. Similar to the total number of global subscribers, this is a decrease on the previous quarter, but only 300,000 when compared to the 46.3 million reported at the end of calendar Q1 2023.

When also factoring in the 300,000 subscribers lost during calendar Q1 2023, Disney Plus has lost 600,000 domestic subscribers since the start of the year.

Along with these latest figures for Disney Plus, Disney also reported updated subscribers for both basic Hulu and Hulu Live TV. Overall, the two Hulu services saw a very slight increase in the total number of subscribers.

John Finn

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