Disney will launch a new ad-supported streaming service in the US in December, as it overtakes Netflix in the race for paid subscribers.
The firm reported 221.1 million subscribers across its three streaming platforms at the start of July.
That put it just ahead of Netflix, which has been losing customers.
But Disney warned that its loss of streaming rights for cricket in India would reduce its subscriber growth compared to previous forecasts.
The firm, which also owns general audience television platform Hulu and the sports-focused ESPN+, said demand for its Disney+ product remained strong.
[Source: BBC]
Stay tuned for the latest news on our radio stations
