Original title: Disney's stock price rose more than 7%, Disney+ exceeded 10 million users on the first day of launch Source: Tencent News

Tencent Securities, November 14. The day after launching its flagship streaming service “Disney+,” Disney said that the number of users of the service had exceeded 10 million.

Driven by this, Disney's stock price surged more than 7.32% to $148.72 on Wednesday.

Prior to the launch on Tuesday, Disney had already offered users a few months of subscription services, some of which also enjoyed significant discounts.

Reaching 10 million subscribers about 24 hours after the official launch seems like a good start for Disney, but it's still unclear how long users will subscribe. One of the company's most popular subscription promotions is a three-year contract that costs around $141, which is less than $4 per month.

The agreement to provide a year of free service to some Verizon priority TV customers has also attracted a large number of users.

At a conference in Barcelona on Wednesday, Verizon's chief financial officer said that the company's approximately 17 million accounts are eligible for Disney+'s free promotional plan.

Disney Chief Financial Officer Matt Ellis (Matt Ellis) declined to say how many of the company's customers have already started using the streaming video service, but he said “we expect a significant number” of eligible users to start watching using the promotion campaign.