Disney+ Adds 7 Million Subscribers as Bob Iger Highlights 4 Areas of Focus

Hulu and Disney+ will be integrated into a single experience following purchase news

It’s been nearly a year since CEO Bob Iger returned to Disney, and the executive is moving past his “fixing” era.

Flagship streaming service Disney+ added 7 million subscribers in the fourth quarter of fiscal year 2023, to reach a total of 150.2 million subscribers globally. Iger also revealed its ad-supported tier hit 5.2 million paying subscribers—a nearly 2 million gain this quarter alone.

But Iger wasn’t focused on subscriber numbers during Wednesday afternoon’s earnings call. The executive said the company made “significant progress” over the last year, but noted the company “still had work to do.”

“I’m mindful of the fact that a lot of time and effort was spent on ‘fixing’,” said Iger.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in