Showing posts with label video streaming. Show all posts
Showing posts with label video streaming. Show all posts

Monday, December 14, 2020

Disney is far from matching Netflix's business, shares

Walt Disney Co. has a long way to go to catch up with Netflix Inc., its biggest rival in video streaming. At 86.2 million subscribers as of Dec. 2, the Disney+ service had less than half of Netflix’s most recent total: 195.2 million, from Sept. 30. The gap between the companies’ stock performance since Disney+ debuted in November 2019 is similarly wide. Disney rose 29% for the period with a 14% gain Friday, a day after disclosing the subscriber count. The 13-month advance was far from Netflix’s 71% increase.