Jan 27, 2020 - Economy
The next phase in the streaming wars begins
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Netflix is the No. 1 streaming service in terms of the number of current users, capturing 64% of respondents in a recent survey of U.S. adults. But its future growth is much less certain, according to new data from CivicScience.
Why it matters: Since the start of the year, Netflix stock has caught fire again, outpacing Disney's stock by almost 13% year to date — up 7.9%, with Disney off by 4.6%.
- Netflix beat market expectations for overall subscriber growth in Q4, but again fell short of expected growth in the United States.
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