How Netflix Lost Its Edge To Disney+

CNBC published this video item, entitled “How Netflix Lost Its Edge To Disney+” – below is their description.

Over the past 25 years, Netflix revolutionized the film and television industry. The company amassed over 220 million subscribers across 190 countries, billions of hours watched for show Stranger Things and racked in 226 award wins. However, in 2022, things are looking rather different for the storied streamer while fighting an uphill battle to remain relevant in the streaming wars. In Q2 of 2022, Netflix lost nearly 1 million subscribers as rival Disney+ added roughly 14 million new subscribers.

Chapters:

0:00 Intro

1:02 The renting wars

3:30 A licensing spree

7:01 The streaming wars

9:15 Changing business models

CNBC YouTube Channel

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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In This Story: Disney

The Walt Disney Company, DIS (NYSE), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.

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