The next phase in the streaming wars begins
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.