Netflix says Disney had nothing to do with its underwhelming quarter ...Middle East

Quartz - Economy

Following a record-breaking 2020, Netflix’s subscription growth has slowed dramatically so far this year. The company says that has everything to do with the Covid-19 pandemic, and nothing to do with increased streaming competition from the likes of Disney.Netflix added just 4 million new subscribers in the first quarter of 2021 (pdf), well short of the 6 million that both Wall Street and the company itself expected, Netflix said as it reported its earnings yesterday. Over the same period last year, Netflix added a record 15.8 million global subscribers, which it attributed to home confinement during the early stages of the pandemic. The service now boasts more than 200 million members aroun

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Netflix says Disney had nothing to do with its underwhelming quarter ...Middle East

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