In the news: Streaming services

With the number of new Netflix subscribers declining for the first time in a decade, what’s next for the fast-changing streaming platform sector? 
by Fred Heritage

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The landscape for film and TV streaming services is changing rapidly. For the first time in ten years, Netflix, the world’s largest streaming platform, has lost subscribers, while relative newcomer Disney+ continues its impressive growth, according to a Forbes article by Marisa Dellatto.

Dellatto writes that Netflix is one of the only streaming services to have lost paid subscribers this year, with subscriber numbers falling by almost one million since March 2022, and nearly 1.2 million since December 2021. However, Netflix is still the largest streaming platform, with some 220.7 million global subscribers as of June this year, she writes.  

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Published: 12 Aug 2022
Categories:
  • Corporate finance
Tags:
  • investing
  • markets

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