news devices Disney officially toppled the giant Netflix, and the consequences are dire
The numbers just dropped: the number of subscribers to the Netflix streaming platforms is greater than the great competitor Netflix. On its own, Disney+ aims to overtake the streaming king in the near future.
Netflix is going through a tough time and Disney + will catch up soon
At the moment, things are not going well for Netflix. In the first half of 2022, the American giant lost about 1.2 million subscribers. it’s huge.
However, even if this deficiency is historical, it must be kept in mind. Rather, Netflix analysts themselves predicted a fatal loss of nearly 2 million subscribers. The loss of nearly 1.2 million people is good news for them.
With successive price increases, ever-increasing competition and even the Ukraine conflict (Netflix has ceased its activities in Russia), seeing subscribers flee seems perfectly understandable.
With its ever-higher prices, Netflix still hits a level Net profit of nearly $1.5 billion During the second half of 2022. To maintain the good momentum, the company plans to:
- Suggest Cheaper plan than ever before…but with ads
- More effectively prevent account sharing To get more people to subscribe
In short, the current period is much more difficult than usual for Netflix, the company is far from getting into big trouble.
Disney is seeing very strong growth, and we will pay for it
While Netflix lines up, Disney is floating around.
Not everyone knows it, but Disney+ isn’t the only streaming platform in Mickey’s house: Disney also owns Hulu and ESPN+, two very popular services across the Atlantic.
- With his recent loss, Netflix has only 220.67 million subscribers (June 2022 figures).
- The three Disney platforms combined now have 221 million subscribers.
Of the 221 million paid subscriptions, 152 million belong to Disney+. The entertainment giant’s private platform is growing very rapidly: in the spring of 2022, more than 14 million people gave their credit card code to the big-eared company.
If Disney+ continues its momentum and Netflix stagnates, or even continues to decline, It only took a few months before the platform that hosts Marvel joined the platform that produces the Squid Game.
This success has painful consequences. Now that Disney has drawn in huge crowds with its blockbuster Disney+ movies at only half the price of Netflix, The entertainment tycoon will catch fish by… increasing its prices (if you want to keep paying the same amount today, you’ll have to deal with ads).
At the moment, only the United States is affected by this tariff increase, but our turn will surely come.