Entertainment

Disney sees better than expected streaming growth

True
49
votes

Posted: 12/05/22 - 09:52
Vote on this story
True
OR
Bull

Walt Disney has reported another jump in sign-ups for its streaming services, escaping the slowdown that hit arch rival Netflix.

More than 9 million people subscribed to the firm's online video platforms in the first three months of the year, most of them to its flagship Disney+.

The parks business also boomed, extending a rebound from the pandemic.

Disney's performance was under scrutiny after Netflix reported a fall in subscribers last month.

Netflix, an early pioneer in streaming, has been having a harder time signing up new members, as it tries to build from an already massive 220 million base and more competitors enter the industry.

But analysts had worried that its troubles might be more widespread and signal a wider slowdown in consumer demand for streaming.

I Call Bull: Disney are the underdog here who have come into Netflix's market and ripped it a new one.

Still plenty of good new content on Disney that make it worth the subscription whilst Netflix seems to have slowed their pace

Milka
134333
Dont Forget To Vote
True
OR
Bull
5 Comments
15 days
2 upvotes
Milka pretty much nailed it with his comments there. Disney is rightfully going from strength to strength.
15 days
3 upvotes
I think Disney would be the first to go if I started getting rid of streaming subscriptions TBH. The dilution of both the MCU and SW franchises is getting worse with each new release, and Turning Red was pretty poor too.
+ 1 Replies
15 days
3 upvotes
Disney are playing a blinder with the super hero and Star Wars franchises content being released in a steady stream to keep people entertained and coming back
+ 1 Replies