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Netflix surges ahead of quarterly results report; Disney in focus

18 April 2019

But its predictions for subscriber growth in the three months.

As always, Netflix also addressed the competition, including Apple and Disney who plan to market their own direct-to-consumer streaming video on demand services later this year.

"What's making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth", said Haris Anwar, senior analyst at Investing.com. They hadn't made any comment until after the Disney+ and Apple TV+ announcements.

Disney's service, Disney+, which will launch on November 12, 2019 in North America, comes loaded new and existing content from the company's most popular brands, including multiple shows coming from Marvel Studios, an original "Star Wars" series called "The Mandalorian", Pixar films and shorts, documentaries from National Geographic, and Disney animated classics like "Aladdin" and "Bambi".

Now, it should be noted that while Disney showed plenty of footage to the people in the room at its big Disney+ reveal, most of those trailers weren't streamed to the ordinary folks watching via webcast.

Netflix vs Apple TV+ vs Disney+.

Netflix added a record number of paid streaming customers in the first quarter, reaching a total of 148.86 million.

Moving forward with the launch of Disney+, all Disney movies released from January 2019 onwards will all go straight to the new service.

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Similar to Netflix, Disney+ will be ad free and while some brands might see this as a challenge, Joseph said brands can still work around this through product placement, brand integration in content, strategic partnerships, events, social media and activation built around apps, content and their consumers.

Netflix CEO Reed Hastings recently left Facebook's board following 8 years of service, reports claim that Hastings departure related to disagreements over President Donald Trump.

Later in Q2 we'll be running a test to improve our United Kingdom member experience by releasing weekly top 10 lists of the most popular content on our United Kingdom service across various programming categories. Netflix Revenue also beat expectations with a reported revenue for $4.52 billion. Disney last week announced its foray into streaming with Disney Plus - whose content Netflix will no longer have access to - for just $6.99 per month.

The company burned through $3 billion in 2018 to pay for hit originals such as "Birdbox" and "Ozark". The company earned 76 cents per share during the first quarter, 18 cents above the estimate among analysts polled by FactSet.

Netflix predicted it would pick up 5 million new streaming subscribers from April through June.

Netflix also announced it would start testing weekly top 10 lists of its most popular content, to make choosing titles even easier.

Average streaming paid memberships grew 26 percent, while average revenue per user decreased 2 percent due to exchange rates.

Netflix surges ahead of quarterly results report; Disney in focus