Disney+ has gained momentum in the streaming fight — announcing this week that the platform topped 50 million subscribers worldwide since its launch last fall.
For comparison, Netflix has 167 million global subscribers while Disney-owned Hulu has amassed over 30 million . Disney+ also seems to be resonating with the younger generation. According to Piper Sandler’s semi-annual teen survey, which polled over 5,200 teens nationwide, respondents said they spent an average 33% of their time watching Netflix, followed by Youtube and cable.
Still, Piper Sandler has maintained its outlook for Netflix, writing that the streaming service is a “leader in a category that contains massive multi-year growth potential as more content viewing shifts online.”
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