Technology: Netflix grows to 158 million subscribers as Disney+ looms - Netflix will be distributed by Canal + - PressFrom - US

Technology Netflix grows to 158 million subscribers as Disney+ looms

23:55  16 october  2019
23:55  16 october  2019 Source:

Disney+ will not make R-rated content available to subscribers

Disney+ will not make R-rated content available to subscribers In a time where it's easy to get overwhelmed, if not numb, to the growing selection of streaming options, the fact that Disney+ has engendered a lot of excitement speaks volumes. While it remains to be seen how many people actually end up subscribing to Disney's nascent streaming service, the company thus far has seemingly done everything right. Right off the bat, Disney is coming to the table with a boatload of content. Aside from Marvel, Pixar, and Star Wars content, Disney has an absolute treasure trove of movies and TV shows to bring to the table. Second, and just as important, Disney is making Disney+ impressively affordable. Priced at just $6.

Netflix just released its results for Q3 in 2019 (PDF), showing that it added slightly fewer subscribers (6.77 million) than the 7 million it anticipated, while still notching an all-time record for the quarter. The company cited lower retention rates in the US since its most recent price hike, and justifies with a statement that "With more revenue, we'll continue to invest to improve our service to further strengthen our value proposition." The one thing the company's investor letter seeks to convince people is that the problem isn't competition, with the likes of Amazon Prime and Hulu already here ahead of Disney+ and Apple TV+ launching later this year.

Netflix ships milestone 5 billionth disc

Netflix ships milestone 5 billionth disc Netflix still ships a million discs each week. Justin Sullivan / Getty Images The company, which ships a million discs each week, announced the milestone in a tweet Monday. "The most heartfelt thank you to our incredible members that have been with us for the past 21 years of DVD Netflix," Netflix said in its tweet. "Five billion discs delivered is a huge milestone and we owe it all to our amazing members and team members." The 21-year-old company made its bones as a DVD-by-mail rental service but has steadily been pushing subscribers toward its streaming service for the past decade.

Finn Wolfhard et al. sitting at a table

Specifically it pulled up a growth chart for Netflix in Canada (as measured by penetration in broadband connected homes) to compare with the US to claim that Hulu's impact on it doesn't really exist. With more competition incoming, soothing investor's nerves will be key. When Disney is dropping three hour trailers for the video it has, the Netflix library will be compared, top to bottom, with these new entrants.

It said that flagship series Stranger Things notched its "most watched season to date" with 64 million member households watching in the first four weeks, and noted expanding investment in non-English originals. Disney and Apple are launching at lower prices, but will take time to offer as wide of a range of items as Netflix already has -- and may have to raise prices eventually just like Netflix in order to be profitable.


Netflix Q3 2019 Earnings PDF

Disney+ will soon get the must-have feature that it should have had at launch .
The Disney+ launch wasn’t perfect last week, but the service is certainly a success for Disney, with as many as 10 million users having already signed up. Disney+ is cheaper than Netflix, and already features plenty of interesting content that users got to experience from day one. And while Disney+ does come with a feature I've wanted on Netflix for years, it also comes without a critical feature that I’d demand from any streaming service — one that’s been on Netflix all along. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

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