Walt Disney
Q4 2022 Earnings Call
Nov 08, 2022, 4:30 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good afternoon, and welcome to The Walt Disney Company's fiscal full year and Q4 2022 earnings results conference call. [Operator instructions] At this time, I'd like to turn the floor over to senior vice president of investor relations for The Walt Disney Company, Alexia Quadrani. Ma'am, please go ahead.
Alexia Quadrani -- Senior Vice President, Investor Relations
Good afternoon. It's my pleasure to welcome everybody to The Walt Disney Company's fourth quarter 2022 earnings call. Our press release was issued about 25 minutes ago and is available on our website at www.disney.com/investors. Today's call is being webcast, and a replay and transcript will also be available on our website.
Joining me for today's call are Bob Chapek, Disney's chief executive officer; and Christine McCarthy, senior executive vice president and chief financial officer. Following comments from Bob and Christine, we will be happy to take some of your questions. So, with that, let me turn the call over to Bob to get started.
Bob Chapek -- Chief Executive Officer
Thank you, Alexia, and good afternoon, everyone. Fiscal 2022 was a strong year for our company as we continued our journey of telling incredible Disney stories, utilizing groundbreaking technology in order to further develop our brands and franchises while customizing and personalizing experiences to make magical memories that last a lifetime. Those efforts resulted in truly phenomenal storytelling, record annual results at our parks, experiences, and products segment, and outstanding growth at our direct-to-consumer services, which added nearly 57 million subscriptions this year to reach a total of more than 235 million. We are particularly pleased with growth in the fourth quarter, which saw the addition of 14.6 million subscriptions across our suite of services, including 12 million Disney+ subscriptions, over 9 million of which were Core Disney+.
It has taken just three short years for Disney+ to transform from a nascent business to an industry leader. That transformation is the direct result of the strategic decision we made at launch to heavily invest in our direct-to-consumer offering, a decision made knowing that achieving rapid growth would result in short-term losses. Building a streaming powerhouse has required significant investment. And now, with scale, incredible content pipeline, and global reach, Disney+ is well-situated to leverage our position for long-term profitability and success.