Disney’s revenues from direct-to-consumer services, which also include Hulu and ESPN+ climbed to $3.5bn, 73% up on a year before – though Disney+ was not launched until part-way through the earlier period.
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The division remains loss making but that loss has shrunk from $1.1bn to $466m.
Including Hulu and ESPN+, the number of paid streaming subscribers topped 146 million.
Disney chief executive Bob Chapek said the direct-to-consumer division had made “incredible strides”.
The growth of the streaming business was a bright spot compared to another tough quarter for the group’s theme park operations and film studios, which have delayed releases with cinemas closed.
Shares rose nearly 4% in after-hours trading.
Revenues for the three months to 2 January were 22% lower at $16.2bn but that was better than expected, while a 99% fall in net profits to $18m was still better than the loss-making quarter that Wall Street had pencilled in.
Disney’s theme parks in California, Hong Kong and Paris remain shut while others have limited attendance to allow for social distancing – resulting in an estimated $2.6bn hit for the period.