Management expects first-quarter net additions of 7 million, below the Street's consensus estimate of 8.5 million and less than the 9.6 million subscribers the company added in the first quarter last year.
That said, there's reason to believe the impact of Disney Plus will be more muted in the first quarter. The new streaming service had an, but investors should expect growth to slow this quarter. Disney Plus had very high brand awareness before its launch, and its product is easily understood – access to Disney's most well-known franchises. Naturally, many subscribers signed up quickly.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix paints a happy face on growing threat of U.S. competitionNetflix noted that it continues to grow in the face of new streaming services while simultaneously acknowledging competition may hurt future growth. U are done in ind when disney+ launches under hotstartweets their content is crap... Netflix is a rerun factory that is being kept alive by teenagers who never got to watch “Friends” Important: They don’t make shows like a “Friends” anymore, the content time-clock will run out 💀 AmericaFirst is the only choice 🐍🇺🇸
Source: CNBC - 🏆 12. / 72 Read more »
Netflix Q4 2019 earnings results: subscriber growth, revenue, analysis - Business InsiderNetflix reports on Thursday its fourth-quarter earnings, and analysts want to see how the company held up against Disney Plus.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Netflix Releases Trailer for Miss Americana, New Taylor Swift Documentary Heading to SundanceNetflix (netflix) releases new trailer for Taylor Swift (taylorswift13) documentary 'Miss Americana':
Source: PasteMagazine - 🏆 392. / 55 Read more »
Scientists find evidence of oldest impact structure on EarthNew geologic dating reveals that a crater in Western Australia is likely the oldest impact structure on Earth, according to new research. Anyone out there, who knows how to earn through cryptocurrency shot please say hi to me.... I want to learn at all cost cryptocurrency bitcoin Amazing is the mysteries of the Universe and then one cannot even think of the maker God no words for the Almighty? I don’t see a crater
Source: ABC - 🏆 471. / 51 Read more »
SoFi Stadium rises to a new level as Inglewood prepares for its impactSoFi Stadium, the under-construction home of the Rams and Chargers, continues to move toward completion, but what impact will it have on Inglewood?
Source: latimes - 🏆 11. / 82 Read more »