Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reasonDisney overtakes Netflix in global streaming subscribers - FlatpanelsHD

Disney overtakes Netflix in global streaming subscribers

11 Aug 2022 | Rasmus Larsen |

Disney can now boast of 221 million total streaming subscribers worldwide, which is more than Netflix's 220.7 million. However, Netflix is still the largest individual streaming service.

Disney+ added 14.4 million additional subscribers in the second quarter of 2022 to reach 152.1 million worldwide. Combined with Hulu and ESPN+, Disney has surpassed Netflix in total streaming subscribers.

- "We had an excellent quarter, with our world-class creative and business teams powering outstanding performance at our domestic theme parks, big increases in live-sports viewership, and significant subscriber growth at our streaming services. With 14.4 million Disney+ subscribers added in the fiscal third quarter, we now have 221 million total subscriptions across our streaming offerings," said Bob Chapek, CEO, The Walt Disney Company.

During the quarter, Disney+ expanded to 42 additional countries across Europe, the Middle East, and North Africa. Disney+ is now available in over 100 countries.

Disney+ Star

In most regions, Disney+ has six content hubs including Star with content from 20th Century Studios, Hulu and FX

Netflix still bigger than Disney+ alone

Netflix has seen its global subscriber base shrink in the first half of 2022, from 221.8 million to 220.67 million this summer. Netflix expects to add 1 million in the third quarter so Disney will likely remain in the lead for the time being. Disney does see some challenges ahead for Disney+, though. The Disney+ growth forecast was reduced from 230-260 million to 215-245 million by 2025. Both companies are planning to introduce ad-supported streaming plans in the near future. Also read: Disney+ to raise prices and introduce ad-supported plan in December However, Netflix (220.7m) is still the leading individual streaming service ahead of Amazon Prime Video (unknown), Disney+ (152.1m), HBO Max (76.8m as of Q1), Hulu (46.2m), Paramount+ (43.3m), Apple TV+ (unknown), and others.

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