Disney closed out its 2025 fiscal year on a streaming high note, delivering healthy quarterly subscriber growth for Disney+ and Hulu — the final quarter the media giant will report subscriber figures — and a 39% increase in direct-to-consumer operating income.

The Mouse House reported a combined 195.7 million Disney+ and Hulu subscriptions as of Sept. 27, an increase of 12.4 million for the three-month period, which topped Wall Street estimates by 2.1 million.

Disney+ subscribers increased by 3.8 million in the quarter to hit 131.6 million, including a net gain of 1.5 million in the U.S. and Canada (to stand at 59.3 million). Helping boost Disney+ sign-ups in the quarter was the Sept. 3 release on the streamer of the live-action remake of “Lilo & Stitch,” which was a box-office sma

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