Disney's streaming service will rival Netflix with 160 million subscribers, JP Morgan says

Disney's streaming service will rival Netflix with 160 million subscribers, JP Morgan says

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/03/06/disneys-streaming-service-will-rival-netflix-says-jp-morgan.html

Disney's global popularity and its vast content library spell increased competition for subscribers at rival streaming platforms like Netflix, according to J.P. Morgan.

With Disney set to launch new streaming service Disney+ in late 2019, analyst Alexia Quadrani told clients to expect the service to eventually draw 160 million subscribers from around the world, more than Netflix's current 139 million.

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