Feb 11, 2020 - Economy & Business

Americans had the ability to watch over 646,000 TV shows in 2019

Illustration: Sarah Grillo / Axios

There were over 646,000 shows available in the U.S. across linear and streaming services last year, according to Nielsen's latest Total Audience report, a 10% increase from all of 2018.

Why it matters: As more streaming platforms emerge to compete for consumers' attention and budgets, the burden is falling on consumers to navigate an overwhelming number of content choices.

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Streaming TV explodes

Illustration: Sarah Grillo/Axios

Streaming now accounts for nearly 20% of television consumption for most Americans, almost doubling since 2018, a new report from Nielsen shows.

Why it matters: The data shows how quickly consumers are flocking to streaming as a replacement or complement to traditional TV.

Disney says Disney+ has 26.5 million subscribers

Photo: Chesnot/Getty Images

Disney's stock rose Tuesday after revealing that its new streaming service, Disney+, now has 26.5 million paid subscribers. It also said that ESPN+, its sports streaming service, now has 6.6 million subscribers, up from 3.5 million in November.

Why it matters: Disney's strong showing shortly after it debuted its streaming service last November shows that it will be a formidable competitor to Netflix in the streaming wars.

Netflix stock down slightly after missing domestic subscriber estimates

Photo: Jaap Arriens/NurPhoto via Getty Images

Netflix's stock was down slightly in after-hours trading on Tuesday after it missed investor expectations for domestic user growth, a sign that increased competition from Disney and Apple may be impacting its growth in North America.

Yes, but: The company still posted strong overall subscriber growth, beating analyst estimates by over 1 million subscribers internationally. It also surpassed expectations for revenue and earnings per share, an impressive feat for a company that is facing massive debt.

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