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Home » Disney predicted to overtake Netflix as world’s biggest streaming firm in 2024
Entertainment

Disney predicted to overtake Netflix as world’s biggest streaming firm in 2024

Kshitij ThakurBy Kshitij ThakurMarch 16, 2021Updated:March 16, 20214 Comments2 Mins Read
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Disney to overtake Netflix as world’s biggest streaming firm by 2024 - Craffic
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Disney is expected to overtake Netflix, the long-reigning king of streaming, and become the world’s biggest streaming firm at the end of 2024, according to a new report from Ampere Analytics.

Disney, who owns the top 5 highest-grossing films of all time, entered the streaming game back in November 2019, with Disney Plus. And it now owns the two other major streaming services i.e. Hulu and ESPN+. Also with help of shows like “The Mandalorian” and “WandaVision”, Disney Plus has already surpassed the 100million global subscribers in just 16 months after its launch. While it took Netlfix over a decade to reach the same number.

“Disney+ has obviously experienced some of the fastest growth seen from a subscription video-on-demand service; kudos to them for establishing themselves as a global force so fast,” said Richard Broughton, an Ampere Analysis analyst. “While Disney+ is still only half the size of Netflix, it has reached that milestone in an unprecedented timescale.”

Netflix Prime Video Disney+

And now according to new data provided to The Guadian by Ampere Analytics, Disney Plus is expected to have more subscribers than Prime Video in 2024, and a collective suite of Disney streaming services (i.e. Disney+, ESPN+, and Hulu) is expected to overtake the Netlfix by surpassing the 300 million subscribers at the end of 2024.

Meanwhile, Netflix has surpassed the 200 million subscribers at the end of 2020 and is excepted to have around 279 million subscribers at the end of 2024. Also by seeing the rapid growth of Disney Plus since its launch, there’s a possibility that it would alone overtake the Netflix in next few years.

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Kshitij Thakur

The heavy Sniper, Kshitij is the marksman of the team Craffic. He joined the team in 2018 and his continuous hard work and dedication to the work has made his precision in work unmatched. Kshitij has experience in editing the work of others to foster stronger bonds with fellow authors and working together to improve each other's work.

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4 Comments

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