Disney beat Wall Street expectations by adding 14.4 million new subscribers to its Disney+ streaming service in the last quarter, CEO Bob Chapek said in an earnings call on Wednesday. Disney+ now has a total of 152 million subscribers, and together with Disney-owned Hulu and ESPN+ the company has surpassed Netflix to become the biggest streamer, with 221 million total paying subscribers. The company also announced it will also launch ad-supported versions for Disney+ in December - and will hike the price of ad-free subscriptions for the streaming service, along with ESPN and Hulu.
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