Disney+ debuted in November 2019, and in just five months the streaming platform managed to amass 50 million paying subscribers, the company revealed. It is currently available in a dozen of countries and markets, including India, which singlehandedly added 8M to the equation.
The streaming platform expanded to Western Europe last month, and then it hit India in partnership with local popular streaming service Hotstar. However, the eight million paying users aren’t going to bring the same amount of income as the same amount of people from another market, since yearly subscription in India is no more than $20 for the highest tier.
For comparison, users in Europe will have to shed €60 (about $65), while US subscribers have to pay $70 annually.
The library of Disney+ includes plenty of movies from Disney, Pixar, Marvel, the Star Wars franchise, and Nat Geo. There is also all 30+ seasons of The Simpsons, although with some market restrictions on the latest episodes.
Keving Mayer, Chairman of Walt Disney Direct-to-Consumer & International Business said the expansion will continue throughout 2020 and Disney+ will be available to more Western European countries, Japan, and Latin America.
Even with "ripping price" as per you in Europe and US, Disney+ won't make profits for 3-5 years. As much as Disney wants to price it 65$ in India, they know that not a single soul in India will subscribe to Disney+ for that price. So they've priced i...