officially launched its flagship streaming product in November 2019 it was on a hot streak. Shortly after its debut, homebound consumers signed up to see Star Wars movies and Marvel superheroes. The market had great expectations, too, which until Thursday Disney had mostly met. Disney’s shares rose 35% since the official debut of Disney+ to date.that it had almost 104 million Disney+ customers for the quarter ending April 3. Analysts were expecting nearly 6 million more, according to FactSet.
Still, Netflix should have been a bellwether. In April it missed its own estimates, partly because of competition coming from the mouse house. But that cuts two ways. The Magic Kingdom isn’t protected by larger forces that have afflicted rivals.
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