Among Subscribers to Both, Netflix Is Still Watched Far More Than Disney+

Walt Disney's (NYSE: DIS) streaming service Disney+ has to be considered a smashing success. Since its launch in November, it's amassed more than 28 million subscribers. That's still less than half the 68 million Canadian and U.S. subscribers Netflix (NASDAQ: NFLX) currently serves, but the growth pace is impressive to say the least.

Image source: Getty Images.

Investors expecting Disney to sustain that growth pace and eventually dethrone Netflix as the leader of the streaming space, however, may want to reconsider. Customers of both services still watch far more Netflix content than Disney+ content. According to a recent survey by streaming video market analytics firm Reelgood, between mid-November and mid-February, 74.8% of dual subscribers watched more Netflix. Conversely, only 25.2% of subscribers to both services viewed Disney+ programs more than Netflix's video choices during that time.

Source Fool.com