DISNEY+ has 55% of NETFLIX’s subscriber count, but just 19% of its revenue

The 12.4 Million DISNEY+ subscriber additions in Q2 are not what they seem.

There were a lot of impressive “year-over-year increase” numbers cited in coverage of the DISNEY+ subscribers update this week, the biggest being over 100% growth in total subscribers from last July, to a new high of 116 Million globally. Meaning DIS+ added 12.4 Million since early April to the start of July.

However… Buried in these great sounding nu…