Disney+ already has 28.6 million subscribers in 3 months

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Disney-Plus
Disney+ is a massive hit.
Photo: Disney

The Walt Disney Company just unleashed its first quarterly earnings report for 2020 revealing that its Disney+ streaming service is off to an impressive start.

Paid subscribers for Disney+ more than doubled from 10 million during the first week of availability, to 26.5 million users by the end of 2019. CEO Bob Iger said the service has continued growing since then and currently has 28.6 million subscribers as of today.

Shrewd millennial investors make Apple their top stock pick

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Apple waives developer fees for nonprofits, others in 8 additional countries
AAPL shares have been boomin the last 12 months.
Photo: Ste Smith/Cult of Mac

Millennials don’t just love Apple for the iPhone. Turns out AAPL is also their favorite stock.

A recent survey of over 734,000 portfolios from US-based investors with an average age of 31 found that Apple and Amazon are the two most popular stocks with young investors by a long shot.

What Apple TV+ needs to be a big player in 2020

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What Apple TV+ needs to be a big player in 2020
What changes should Apple make to Apple TV+?
Photo: Apple

Apple TV+ is great. I think it’s done a whole lot right in the sub-3 months since it launched. But, right now, Apple TV+ is what Apple was to Microsoft in the 1990s. Sure, the quality is there, but it’s a tiny bit player next to the likes of Netflix and Disney+. To truly live up to its potential, Apple TV+ needs to make some big strides forward in 2020.

Here’s what I think needs to change.

Verizon customers score 12 months of Disney+ for free

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Disney+ racked up nearly $100 million in user spending in first 60 days
Disney+ will take on Apple TV+ and Netflix.
Photo: Disney

Disney is ready to tap into Verizon’s massive customer base to give it a massive influx of viewers for its upcoming streaming service Disney+.

Verizon revealed today that all of its customers will receive 12 months of Disney+ for free starting on November 12. The offer matches Apple’s own 12 free months offer for Apple TV+ to customers that buy a new Apple device.

Disney CEO reveals why he left Apple’s board

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With Apple TV+ ready to compete against Disney+, Bob Iger resigns from the Apple board.
With Apple TV+ ready to compete against Disney+, Bob Iger resigned from the Apple board.
Photo: Josh Hallett/Flickr CC

Disney CEO Bob Iger finally spoke about his recent resignation from Apple’s board of directors in an interview with Mad Money host Jim Cramer.

Iger resigned from Apple’s board earlier this month. As many people speculated, Iger says he felt it was time for him to step aside because of Apple TV+.

Apple will rake in cash from Disney+ too

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The Mandalorian on Disney+
Watching The Mandalorian on Disney+ will probably make Apple money.
Photo: Disney/Cult of Mac

Apple and Disney are launching streaming video services this fall. Despite these being rivals, Apple will make money off both. There will be Disney+ apps for iOS and Apple TV, and consumers will be able to subscribe with in-app purchases, which means Apple gets a hefty cut of the revenue.

Plus, Star Wars fans can be assured they’ll be able to watch The Mandalorian when it debuts Nov. 12 with their iPad or other Apple computer.

Netflix tests ‘Random Episode’ button for finding what to watch

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75% of Netflix users have no plans to jump ship to Apple TV+ (right away)
75% of Netflix users have no plans to jump ship to Apple TV+ (right away)
Photo: Stock Catalog/Flickr CC

Figuring out what to watch from Netflix’s massive catalog of shows might soon be as easy as tapping one button.

Netflix is currently testing two new tweaks that give users the ability to watch a popular episode from a TV series of their choosing as well as the option to play a random episode once you’ve finished the last one.

Netflix can’t wait to compete against Apple and Disney

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Apple TV
Kim Rozenfeld is no longer a part of Apple's team.
Photo: Apple

Netflix doesn’t seem worried at all that Apple and Disney are launching their own competitive streaming services by the end of 2019.

In its latest report to investors, Netflix cited Disney and Apple as its biggest upcoming competition, but instead of fearing the two companies’ platforms, Netflix swears its actually excited about the competition.

Despite rival streaming services, Disney CEO will stay on Apple board

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Iger CEO 1
Iger has a long history with Apple.
Photo: Thomas Hawk/Flickr CC

Apple and Disney are going to be rivals with their new streaming services, but Disney CEO Bob Iger doesn’t expect it’ll have any impact on his position as an Apple board member.

Iger said that he had recused himself at Apple board meetings when the topic of Apple TV+ came up. However, he noted that it “has not been discussed all that much” by the board, since it’s still early days.