Disney+ Will Catch and Take Netflix Throne in Future
Time flies they say. We squeeze so much in so little time that even a month sounds so far to us sometimes. But it doesn’t change the fact that we realize after they happened very fast. And while we are changing with time, everything does the same. Lately, it’s our home entertainment system that changes rapidly during our lockdowns. And Netflix has become our biggest companion during this boring period of our lives. But now, U.K researchers and analysts say that Netflix will be left behind after its big debut, soon or later. And Disney+ will be taking Netflix’s throne by the time in 2026.
When Disney+ pass Netflix?
So, 2026 may sound really a long way to go, it’s up to your time perception. But actually hasn’t Netflix just come out either? According to Digital TV Research, this year will be the year that streaming platform Disney+‘s passing Netflix in the number of subscribers.
The U.K research group has been analyzing the financial results from December 2020 for Netflix and Disney lately. And it seems they’ve come to the conclusion that the number of subscribers to Disney+ (294 million) will overtake Netflix (286 million) in five years. It also has been said that Disney+ had ended 2020 with 30% growth of its 95 million subs originating from India. So it’s not a shocker that the future growth of Disney’s will be driven by India as well, the world’s second-largest country in population.
Rolling Out to 13 Asian Countries
Analyst Simon Murray said in a statement that
“Disney+ Hotstar will roll out to 13 Asian countries by 2026. These countries will supply 108 million (37%) of the global Disney+ subscriber total, but only $2.62 billion (13%) of the platform’s revenue by 2026. Hotstar subscribers pay less than a third of the monthly subscription fee of their U.S. counterpart.”
After their research, Digital TV Research claims that Disney+ will have 98 million Indian subscribers, compared with 13 million for Netflix. And it seems Murray also believes that global revenue for Disney+ will be $20.76 billion by 2026 which makes half of Netflix’s $39.52 billion.
So there may be a war waiting ahead of us between them in the future. Who knows what is going to happen? Like we said, everything changes. But one thing that will not change is that we will still be watching…