Who is winning the streaming wars?

Netflix’s recently released first quarter earnings for 2022 reported a loss of 200,000 subscribers – a worrying shift for a business that had previously only seen sustained growth since 2011.

Disney+, on the other hand, has accrued more than half of the number of subscribers Netflix has accumulated over the past decade in less than two years. Disney is the first traditional media company to succeed in streaming.

Source: Statista, 2022