While Netflix is still ahead with 203.7 million subs, the founder and co-CEO of the company, Reed Hastings, recently acknowledged Disney+’s achievements.
One upstart new streaming service that greatly threatens Netflix’s dominance is Disney+, which added 86.8 million subscribers to its service thanks to massive brand recognition.
And it shows that members are interested and willing to pay more for more content because they’re hungry for great stories.
While Netflix has much more original content than Disney+, the Mouse Empire is the most powerful studio in the history of cinema, whose brand recognition powers are unrivaled in every corner of the globe.