Why Disney Shouldn’t Celebrate Beating Netflix’s Global Subscribers Just Yet | Charts

Why Disney Shouldn’t Celebrate Beating Netflix’s Global Subscribers Just Yet | Charts thumbnail

There are lingering questions surrounding the strategy for Disney+ and Hulu in order to continue growth

After Disney+ reported its third-quarter results, it became clear that Disney had achieved something big: Its 221.1 million total number of subscribers across all Disney services globally (Disney+, Disney+ Hotstar, Hulu and ESPN+) pulled ahead of Netflix’s total global subscriber count of 220.7 million for the first time. But it may be too premature to celebrate.

While the realization that Disney has beat out Netflix in terms of global subscribers may sound surprising, it really shouldn’t be. Disney has been the leader for a long time in terms of the total demand for shows that fall under its corporate ownership, according to Parrot Analytics‘ data, which takes into account consumer research, streaming, downloads and social media, among other engagement.

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