Disney+ Global Subscriber Growth Slight in Q3 2024

Based on data compiled by Business of Apps, the Disney+ streaming service had 153.8 million subscribers worldwide in Q3 2024.

The number increased by approximately 200,000 users, a slight increase of only 0.13% compared to the previous quarter (quarter-to-quarter/qtq).

"The number of Disney Plus subscribers has stagnated over the past year, peaking at 164 million (subscribers) in November 2022," wrote Business of Apps in its report on Tuesday (1/10/2024).

This stagnant trend occurred amid a price increase for Disney+ subscriptions, effective October 2023.

Despite this, in Q3 2024, Disney+ revenue increased by 22.65% (year-on-year) to US$2.67 billion. This is the highest achievement since Disney+ launched in late 2019.

According to Variety, Disney+ is now following Netflix's lead by restricting password sharing among its users. This rule requires users of family plans to be at the same home address.

In the United States, users of family accounts with different addresses are required to pay for an "Extra Member" package: US$6.99 per month for the basic package, and US$9.99 per month for the premium package. This policy took effect on October 17, 2024.