From PC Mag: Disney+ has surpassed 100 million subscribers, company CEO Bob Chapek announced at Tuesday's virtual shareholder's meeting.
Chapek stepped into the CEO role in late February 2020—just in time for a global pandemic. "None of us could have imagined how profoundly the virus would change the world and our way of life," he said. "However, once again, we've demonstrated our resiliency during an incredibly challenging period."
In fact, the spread of novel coronavirus was a boon for Disney+, which launched in November 2019 with a library of movies and TV series by Disney, Pixar, Marvel, Lucasfilm, and National Geographic.
The company last fall underwent a strategic reorganization, prying apart original content creation from distribution and commercialization, allowing Disney to make individual decisions based on whether the next Marvel installment, for instance, will make more money in theaters or on streaming.
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