In its fourth-quarter earnings conference call, The Walt Disney Company (NYSE:DIS) CEO Robert Iger revealed that the ad-supported Disney+ offering witnessed a substantial increase in subscriptions during the quarter. What Happened: Iger said that the ad-supported Disney+ product gained around two million new subscriptions in Q4, reaching a total of 5.2 million. He went on to note that over 50% of the new U.S. subscribers in the fourth quarter opted for the ad-supported Disney+ product. These subscribers also spent 34% more time on the service over the past six months, he said. See Also: Disney…
