RPT-Disney sees ESPN+ reaching up to 12 mln subscribers by 2024

ESPN+, Walt Disney Co's sports video streaming service, could attract between 8 million and 12 million paying subscribers by the end of the fiscal 2024 year, the company said on Thursday. Disney's forecast for significant growth in paying customers in the next few years was disclosed in a presentation of its streaming video strategy to Wall Street. Operating losses for ESPN+ are expected to be $650 million annually in both fiscal 2019 and 2020, Disney's chief financial officer, Christine McCarthy, said during an investor day webcast presentation.

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