Walt Disney Company to launch Disney Plus in South Africa

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Walt Disney Company has announced the launching of its popular streaming service Disney+ in South Africa in 2022

“As confirmed in The Walt Disney Company’s Q3 Earnings Call, Disney+ will launch in South Africa in winter 2022. We will share more details as we approach the launch next year,” said a spokesperson of Disney.

In its Q3 results, Disney+ grew to 116 million subscribers in the third quarter, beating the 113.1 million that analysts’ expectations.

This concludes that the world’s largest entertainment company is rebounding from the pandemic, which closed down its resorts around the world, idled its cruise ships and crimped attendance at movie theatres.

The company’s direct-to-consumer unit which is the home of its streaming business has narrowed its loss in the quarter, due to improved results at the Hulu online service.

Meanwhile, movies released online, such as “Cruella” and “Luca,” as well as new TV shows from the Marvel superhero factory, drove customers to Disney+ that significantly contributed to the success of the online streaming platform.

Disney Plus was launched on November 12, 2019, in the United States, Canada, and the Netherland. It later expanded to Australia, New Zealand, and Puerto Rico. It became available in select European countries in March 2020 and in India in April.

 

S.S/P.E/ALL AFRICA

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