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Disney+ capturing 66 million Asian subscribers by end-2021

The Walt Disney Company will be launching Disney+ in South Korea, Hong Kong and Taiwan in November 2021, while expanding Disney+ Japan to feature additional entertainment content. It expects to have 66 million subscribers in Asia by end-2021.

Launched in November 2019, the streaming service is currently serving 103,6 million paying subscribers and available in 61 countries and 21 languages across North America, Europe, Latin America and  Asia Pacific, including Australia, New Zealand, Japan, Singapore, India, Malaysia, Indonesia and Thailand.

Luke Kang, President, The Walt Disney Company Asia Pacific, said, “The response towards Disney+ across Asia Pacific has exceeded our expectations, as consumers seek diverse entertainment content and are drawn to our portfolio of brands and franchises.

“We are pleased with the subscriber growth and partnerships forged in markets, and look forward to engaging with more consumers across the region – through unparalleled storytelling, creative excellence and cutting-edge content delivery.”

The continued popularity of Disney+ comes as more streaming services are increasingly adopting a direct-to-consumer (D2C) model, as cord-cutting continues to be on the rise. Earlier this year, Disney announced that, from this October, it will be shutting down 13 pay-TV channels currently available in Singapore. 

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