. But there's no guarantee that customers who got Disney+ through free trials will resubscribe as paying customers once the trial is up.between 60 million and 90 million subscribers by the end of its 2024 fiscal year.
Much of the service's subscriber growth was likely driven by its flagship show, "The Mandalorian," but the show's first season ended in December. Iger said on the company's conference call that "both conversion from free to pay and churn rate were better than we expected." Churn refers to the pace at which users sign up for and cancel subscriptions.
Here's a breakdown of Disney's average revenue per user for Disney+ and its other streaming services:Shares of Disney were up about 1% after hours.
JBoorstin wake up bob and save your stock
JBoorstin They're doing horrible. 20% are free subscribers from Verizon. Adults aren't going to order the Disney Channel.
JBoorstin Apple buys MGM within 6 months. Watch.
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