Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter 


The better-than-expected increase contrasts with streaming rival Netflix’s loss of subscribers. 

Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter 

Walt Disney Co. DIS -2.29%▼ reported better-than-expected subscription numbers for its Disney+ streaming service in the most recent quarter,

avoiding a slowdown that dogged streaming rival Netflix Inc. NFLX -6.35%▼

Entertainment: Disney Reports Jump in Disney+ Subscribers in Latest Quarter 

In its quarterly earnings report, Disney reported 7.9 million new Disney+ subscribers to reach 137.7 million subscribers,

up from 129.8 million subscribers in the prior quarter. Analysts polled by FactSet expected roughly 135 million subscribers to the platform.