After the Walt Disney Company reported its third-quarter results, it became clear that the company had achieved something big: Its 221.1 million total number of subscribers across all its services globally (Disney+, Disney+ Hotstar, Hulu and ESPN+) pulled ahead of Netflix’s total global subscriber count of 220.7 million for the first time. But it may be too premature to celebrate.
While the realization that Disney has beat out Netflix in terms of global subscribers may sound surprising, it really shouldn’t be. Disney has been the leader for a long time in terms of the total demand for shows that fall under its corporate ownership, according to Parrot