Disney surpasses streaming rival Netflix

August 11, 2022 10:09 pm in by

Disney has surpassed streaming rival Netflix in the total number of subscribers for the first time, the company’s Q3 reports show.

Having gained 14.4 million subscribers to its Disney+ the franchise now maintains 221 million total subscriptions across its streaming offerings.

That compares to Netlfix’s reported 220.67 million total global subscribers.

It is the first time any competitor has passed the streaming giant on the number of total subscribers.

“We had an excellent quarter, with our world-class creative and business teams powering outstanding performance at our domestic theme parks, big increases in live-sports viewership, and significant subscriber growth at our streaming services,” Disney chief executive Bob Chapek said.

“With 14.4 million Disney+ subscribers added in the fiscal third quarter, we now have 221 million total subscriptions across our streaming offerings.”

© PAA 2022


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