Story perspectives

Disney+ and Hulu Surpass Expectations with 195.7M Subscribers

11/14/2025

34 8

Summary

Story summary

Disney reported 195.7 million combined subscribers for Disney+ and Hulu for the fiscal year ending September 2025, exceeding Wall Street estimates.
Disney+ gained 3.8 million subscribers, while Hulu added 8.6 million, aided by a new distribution deal with Charter.
Despite cancellations from price increases and political issues, direct-to-consumer revenue rose 8% to $6.25 billion.
Disney plans to fully integrate Hulu into Disney+ by 2026 and announced a significant increase in its annual dividend.
The company continues to face challenges in its linear TV business due to ongoing cord-cutting trends.

1 of 1

Story summary

Disney reported 195.7 million combined subscribers for Disney+ and Hulu for the fiscal year ending September 2025, exceeding Wall Street estimates.
Disney+ gained 3.8 million subscribers, while Hulu added 8.6 million, aided by a new distribution deal with Charter.
Despite cancellations from price increases and political issues, direct-to-consumer revenue rose 8% to $6.25 billion.
Disney plans to fully integrate Hulu into Disney+ by 2026 and announced a significant increase in its annual dividend.
The company continues to face challenges in its linear TV business due to ongoing cord-cutting trends.