Disney+ continues to dominate. The streaming platform soared to 73.7 million subscribers, according to Disney’s earnings report yesterday, a milestone it expected to reach in 2024. It did it in its first year.
As Forbes writes, thanks to its library of programming, including hits from Marvel, Pixar and Star Wars, it’s delivering those blockbuster numbers—relatively—on the cheap.
Disney will spend just $1.3 billion on original content for Disney+ this year, including its breakout hit, The Mandalorian, according to a 2020 year-end forecast from analytics firm Ampere.
That’s about a tenth of the $14.8 billion it will spend on films, television and sports content in 2020, much of which will also be shown on the platform.
Netflix will spend $4.5 billion on original content from a total of $13.6 billion, the firm says, to keep its nearly 200 million subscribers tuning in.
Amazon, which has more than 150 million Prime subscribers, is projected to spend $1.3 billion on original content and $7.6 billion overall, per Ampere.