ESPNs new streaming service passes 1 million paid subscribers in five months

▤ Summary

ESPN+, the streaming video service from the sports network, has reached more than 1 million paid subscribers, the company said Thursday.It does not require its subscribers to buy a cable or satellite subscription, appealing to cord-cutters."Combining sports, technology and the ESPN brand is a very powerful combination, and we are just getting started," Jimmy Pitaro, president of ESPN and co-chair of Disney Media Networks, said in a statement.With high quality programming and an outstanding user experience, ESPN and DTCI [Disney Direct to Consumer and International] are expanding the ways Disney is serving sports fans.Note: CNBC parent company NBCUniveral is also a part owner of Hulu.

▦ Linked Companies