empty
10.02.2022 07:49 PM
Disney is catching up with Netflix. What is the future of streaming?

A boost in Disney+ subscribers over the last quarter helped Walt Disney Co come close to that of Netflix Inc. However experts are worried about the future of streaming in the over-saturated market at the moment.

The first quarter brought 11.8 million subscribers to Disney+. One of the reasons for that was the release of "The Mandalorian" and "Black Widow."

But a closer look shows that a big part of that growth is the integration of Disney+ and ESPN+ with the Hulu Live service.

According to analyst Michael Nathanson, 2 million subscribers joined as a result of the integration with Hulu Live, and another 2.6 million subscribers came from Disney+ Hotstar, which brings in about $1 monthly revenue per user.

Disney's assertion of its long-term focus and expectation that the second half of the year will grow fast contrasted with Netflix's dark forecasts made last month.

Disney stocks were up by more than 5 % in early trading.

There is no question that Disney is still far behind Netflix in their total number of subscribers.

The streaming service had a total of 129.8 million subscribers in the last year since viewers had paid to watch "The Book of Boba Fett", "The Beatles: Get Back", and the Oscar-nominated animated film "Encanto".

By 2021, there were approximately 222 million paying Netflix subscribers.

Disney executives are emphasizing the importance of local content in an already oversaturated U.S. market. Rebecca Campbell was recently hired to enhance the company's international content production department.

Netflix is focusing on locally produced content. Such projects as "Squid Game" and "Lupin" attracted millions of subscribers all over the world and brought success to the company.

Christine McCarthy, Disney CFO, said that about a third of the $33 billion of total spending is for sports and the rest for content.

"With Disney+ coming to 42 more countries in the summer of 2022, the international growth story may be more important than the U.S. one," said Joe McCormack, senior analyst.
Anastasia Miller,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

US Market News Digest for May 2

US equity indices continue to climb despite lingering economic uncertainty. Investor optimism is being driven by expectations of progress in trade talks between the US and China. Nevertheless, ongoing economic

Ekaterina Kiseleva 13:14 2025-05-02 UTC+2

US Market News Digest for May 1

The US stock market weathered notable volatility in April, but a successful rally helped major indices recoup losses. Despite data showing a 0.3% contraction in US GDP for the first

Ekaterina Kiseleva 11:54 2025-05-01 UTC+2

Feast in the Storm: S&P 500 Celebrates Gains as Dollar Drowns and China Weakens

S&P 500 Posts Sixth Straight Day of Gains Oil Falls More Than 1% China Manufacturing Activity Plummets as Trump Tariffs Continue to Squeeze Dollar Set for Worst Month

Thomas Frank 12:09 2025-04-30 UTC+2

US Market News Digest for April 30

US stock indices remain on a positive trajectory, but market pressure has intensified due to a sharp drop in Super Micro shares and the upcoming earnings reports from tech heavyweights

Ekaterina Kiseleva 11:13 2025-04-30 UTC+2

Stock markets regaining optimism. Where to find new entry points

European stocks rose amid hopes of easing trade tensions between the US and China. WTI oil fell by 1.54% to $62.05, while Brent declined by 1.51% to $65.86

12:42 2025-04-29 UTC+2

US Market News Digest for April 29

The S&P 500 and Nasdaq continue to climb, maintaining their upward momentum despite mixed performances across other sectors. Softer rhetoric from the Trump administration and expectations of further tariff relief

Ekaterina Kiseleva 11:59 2025-04-29 UTC+2

Optimism returns to the markets: where to look for new growth points

European stocks rose amid hopes for a reduction in trade tensions between the US and China. WTI oil fell by 1.54% to $62.05, Brent by 1.51% to $65.86

Thomas Frank 10:42 2025-04-29 UTC+2

US Market News Digest for April 28

The S&P 500 and Nasdaq ended the previous trading session higher, defying choppy performance across Asian and European exchanges. Investors are now focused on the upcoming economic data and earnings

Ekaterina Kiseleva 11:31 2025-04-28 UTC+2

Trump's first 100 days behind us: Markets await tariffs, earnings from giants

Trump policy summaries European stocks rose on Monday after a second straight weekly gain Investors are eyeing tariff changes, as well as a busy week of earnings and economic data

Thomas Frank 11:22 2025-04-28 UTC+2

Wall Street surges: Nasdaq soars 2.74% as tech stocks drive market higher

Procter & Gamble and PepsiCo fell after cutting forecasts, while Hasbro and ServiceNow jumped following their earnings reports. March durable goods orders surged more than expected. Alphabet beat revenue expectations

12:52 2025-04-25 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.