The strong subscriber additions by Disney+ in the latest quarter helped Walt Disney Co’s flagship streaming service close the gap with market leader Netflix.
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Walt Disney Co’s Disney+ subscriber growth has restored faith in the future of streaming video, lifting shares 8% after hours on Wednesday.
Walt Disney Co has confirmed one of the worst-kept secrets in the South African streaming space: Disney+ will launch locally “this winter”.
By the end of Netflix’s 45-minute earnings interview on Thursday, its stock was down more than 20% and a pall had been cast over the entertainment industry.
Netflix dashed hopes for a quick rebound after forecasting weak first-quarter subscriber growth on Thursday, sending shares sinking nearly 20%.
The extent of the Chinese tech stocks’ underperformance when compared to the US is astounding. By Anchor Capital’s Seleho Tsatsi.
Netflix has raised its monthly subscription price in the US to help pay for new programming to compete in the crowded streaming TV market.
The Walt Disney Company Africa and MultiChoice Group have signed a distribution deal for Disney’s factual and family channels that air on DStv until 2024.
Billionaire Richard Li’s streaming business is on a roll, mulling a potential initial public offering after its platform Viu beat Netflix in subscribers in one of Asia’s most competitive markets.
Walt Disney Co’s popular and fast-growing streaming service, Disney+, is coming to South Africa. The platform will be available sometime in the middle of 2022.