KEY POINTS
  • Disney+ has already surpassed 10 million sign-ups since launch, Disney announces Wednesday.
  • Disney's new streaming service launches Tuesday with some technical difficulties.
  • For comparison, Disney-owned Hulu claimed more than 28 million subscribers in May, and Netflix claimed more than 60 million paid domestic members, and over 97 million international, in its third quarter of 2019.
(L-R) Julia Lester, Matt Cornett, Lisa Simpson, Yvette Nicole Brown, Bart Simpson, Dara Renee, Marge Simpson, Maggie Simpson Frank Rodriguez, Sofia Wylie, Larry Saperstein, Olivia Rodrigo, and Homer Simpson pose for portrait at the Disney+ Official U.S. Launch Party at The Grove at The Grove on November 12, 2019 in Los Angeles, California.

Disney's new streaming service, Disney+, has already seen 10 million sign-ups since launching Tuesday, the company announced Wednesday.

Disney's stock was up 7.35% by Wednesday's close, adding more than $13 billion to its market cap, which now sits at $268 billion. Netflix shares were down 3.1%.