NEW YORK - ESPN+, Walt Disney Co’s sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday.
Operating losses for ESPN+ are expected to be $650 million annually in both fiscal 2019 and 2020, Disney’s chief financial officer, Christine McCarthy, said during an investor day webcast presentation. But the service, which launched one year ago, should reach profitability by 2023, she said. Disney launched ESPN+ a year ago as a way to test its streaming services and distribute additional sports content directly to fans, for a monthly or yearly fee.
Why subscribe when everything is already free online?
11,999,999....I won’t be participating
Not me. It's junk.
I'm there
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