• Empresa.Netflix collapses on the stock market due to the threat of Disney and Apple
  • Disney + .Disney streaming platform arrives in Spain on March 24 for 6.99 euros per month

Netflix continued adding subscribers in the last quarter of 2019 despite the entry into the market of two serious competitors: Disney + and Apple TV +. In total, the platform based in Los Gatos, California, achieved 8.8 million new subscribers worldwide, 550,000 of them in the United States and Canada, returning to the path of growth in its main market after the bad data of the past summer.

However, its titles barely managed to settle in positive territory in the after-hours market , affected by the disappointing forecast for the first quarter of 2020. Netflix said in a statement that it expects to add another 7 million users between January and March, which it would mean 27% less than the same period of the previous year - then 9.6 million homes were added to the service - and a number below the consensus of analysts, 7.82 million new customers.

Netflix attributed the low number in North America to the "recent changes in prices and competitive launches" in that region, indirectly referring to the streaming services of Disney + and Apple TV +. Even so, the company managed to improve its profit by 54% to $ 1,866 million in net profit. In total, it entered 20,156 million dollars compared to 15,794 million last year, with 27 million subscribers between January and December.

He also took the chest for "the strong closure of 2019", with a 31% growth in revenue compared to the same quarter of the previous year and the fact of having exceeded 100 million subscribers internationally, thanks to the good performance of Europe, Middle East, Latin America and Asia. In total, 167 million people already enjoy their programming worldwide.

They attribute it to the relentless surge of high quality content. Like La Casa de Papel, a Spanish production that is in the Top 10 most watched programs in 70 countries. In addition, in December they incorporated The Witcher, a kind of replica Game of Thrones that is on its way to becoming the best first season in the history of the platform.

They also hope that the streak will continue with the second seasons of The Crown and You , two global phenomena in their first batch of chapters. Without forgetting, of course, his commitment to quality cinema, in search of the Oscar for the best film that was resisted last year with Rome , by Alfonso Cuarón. This year they have managed to place two films on the list of the eight chosen, Story of a Marriage, by Noah Baumbach, and The Irish, by Martin Scorsese.

According to the criteria of The Trust Project

Know more

  • Netflix
  • Disney
  • Paper house
  • Game of Thrones
  • Europe
  • U.S
  • Canada
  • Asia

Technology The dangers of sharing an account on Netflix and HBO

Interview Inside a data center: "Half of the traffic in Spain passes through here"

Interview From janitor and pizza maker to Hollywood emperor: the incredible rise of Bob Iger, Disney's boss