“We believe 10% of Netflix’s 160 million global subscribers are at risk of potentially churning due to the Disney streaming service and rising competition in 2020.”
Netflix is this year facing its sternest challenge since it embarked on the path to global streaming dominance, with a prediction it could lose 16 million subscribers to cash-rich rivals led by Disney.
Analysts say Disney +, which launches in the UK and Europe on 31 March, is set to put the global brakes on the relentless growth of Netflix.
Sarandos was speaking as Netflix grabbed the top nominations for both TV and film at the Golden Globes.