Netflix adds nearly 9 million subscribers in first face-off with Disney+

//Netflix adds nearly 9 million subscribers in first face-off with Disney+

Netflix adds nearly 9 million subscribers in first face-off with Disney+

Netflix Inc. defied Wall Street's expectations — and its own — on Tuesday, adding nearly 8.8 million paid global subscribers in the fourth quarter, up 20 percent from the same time frame a year ago. The Los Gatos-based streaming giant had forecast 7.6 million global net adds during the quarter, when it first faced competition from Disney+ and, to a lesser extent, Apple TV+. Netflix now has 167 million paid subscribers worldwide. In addition, Netflix posted diluted earnings of $1.30 on revenues…

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By | 2020-01-21T23:13:07+00:00 January 21st, 2020|Media|

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