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Data: Company filings; Chart: Michelle McGhee/Axios

In a little over a year, Disney+ has accrued nearly half of the number of subscribers Netflix has accumulated over the past decade.

Why it matters: Disney is the first traditional media company to nail streaming.

  • The other giants (AT&T, ViacomCBS, Comcast/NBCU, Discovery) are scrambling to become the third service to compliment Disney+ and Netflix.
  • The average U.S. consumer is willing to pay around $42 monthly for streaming services, per Magid. That's about 3 services monthly.
  • Peacock doesn't break out its number of paid subscribers, but says it has 33 million sign-ups. Reporting from The Information suggests that the company could be looking to merge with another firm, perhaps WarnerMedia.

Yes, but: Disney still makes far less money per subscriber than Netflix because prices are so low. Average revenue per streaming subscriber fell significantly last quarter, because Disney is now including subscribers to its Indian subscription streaming service, Hotstar, in its calculus.

  • What's next: Disney announced a slew of new European content projects today, furthering its commitment to building new content that could expand its subscriber base globally.

What to watch: ViacomCBS's rebranded streaming service Paramount+ is set to launch March 4th. Bloomberg's Lucas Shaw has a good overview about challenges to the service here.

Go deeper

Updated 16 mins ago - Economy & Business

Student debt getting in the way of millennial homeownership

Illustration: Aïda Amer/Axios

Millennial homeownership is on the rise — but student loan debt is still keeping millions of members of America's largest generation from owning a home.

Why it matters: Buying a house remains the No. 1 way to build wealth in the U.S.

Updated 16 mins ago - World

UK government: Kremlin has plan "to install pro-Russian leadership" in Ukraine

British Foreign Secretary Elizabeth Truss. Photo: Gints Ivuskans / AFP via Getty Images

The United Kingdom's Foreign Secretary on Saturday night said the government has "information that indicates the Russian Government is looking to install a pro-Russian leader in Kyiv as it considers whether to invade and occupy Ukraine."

Driving the news: U.S. National Security Council spokeswoman Emily Horne called the intelligence "deeply concerning" in a statement to Axios. The Biden administration has said Russia is actively manufacturing a pretext for invasion and warned that Putin could use joint military exercises in Belarus as cover to invade from the north.

Most teachers are white. Most students aren't.

Expand chart
Data: U.S. Department of Education, National Center for Education Statistics; Chart: Baidi Wang/Axios

The nation's 6.6 million teacher workforce has grown more racially and ethnically diverse over the past three decades — but not nearly fast enough to keep pace with a student population that's nearing majority-minority in public schools, two new reports show.

Why it matters: The disparities are especially acute between Hispanic students and teachers, and in schools with 90% or higher non-white student populations.

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