As streaming TV competition rages, Disney+ shines
Published by
AFP

San Francisco (AFP) – The streaming television race is heating up, with Disney showing Wednesday it is closing the gap with market leader Netflix, whose stride has slowed. The US entertainment giant blew past expectations for new subscribers to its flagship streaming service Disney+, whose big studio muscle helped it reach 129.8 million subscribers worldwide, some five million more than analysts had predicted. Netflix ended the year with 221.8 million subscribers, a massive number, but it announced slowing growth. “We certainly understand the pie is big enough for both companies to succeed,” C…

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