India Will Make Disney+ More Popular Than Netflix by 2026
Walt Disney (NYSE: DIS) ended 2020 with 94.9 million Disney+ subscribers, and it continues to grow quickly more than a year after its initial launch. Still, it's a long way from Netflix's (NASDAQ: NFLX) 203.7 million subscribers.
But one analyst thinks Disney's Hotstar property in South Asia will propel it to more worldwide subscribers than Netflix by 2026. That year, Disney+ will have 294 million subscribers and Netflix will have just 286 million, according to Digital TV Research's Simon Murray.
Image source: Walt Disney.
Source Fool.com