While the use of online streaming services is increasing due to the spread of Corona 19, Walt Disney's streaming service 'Disney Plus' is surpassing 50 million subscribers in 5 months after launch, and is attacking Netflix, the market leader.

Disney Plus, which started service in November last year, said its goal was to secure approximately 60 to 90 million subscribers by September 2024. Market analysts also expected to have 50 million subscribers in 2022, but the number of subscribers grew rapidly, reaching the goal about four years earlier.

With the rapid growth of Disney Plus, interest in competition with Netflix is ​​also growing.

Prior to entering the online video service (OTT) market, Disney had a check with a precipitation to collect all the content that was being supplied to Netflix. Netflix subscribers are about 170 million, more than three times the number of Disney Plus subscribers, but considering that Netflix has exceeded 50 million subscribers in seven years, it will soon be able to catch up with Netflix. Evaluation is also coming out.

Disney says it will expand service areas across Latin America, Japan, and Western Europe by the end of 2020. Korea is expected to be released as early as this year and later next year.

This is 'News Pick'.

(Photo = Disney Plus Netflix Twitter)