Throughout 2019 there was constant talk online about how new streaming services like Disney+, HBO Max and Apple TV+ would be the death of Netflix. We called them out on this in an article titled Netflix is Dead, Long Live Netflix! back in July 2019 basically pointing out the fact that it is far from uncommon for households to have more than one subscription service. Regardless of my thoughts back then, the facts now speak for themselves.
At last night’s earnings call, Netflix’s first since the launch of Disney+ and Apple TV+ in November, the numbers are in and subscriber numbers are still growing both in America and worldwide. The 4th Quarter of 2019 saw nearly 9 million new subscribers at Netflix – made up of 550,000 in America and 8.33 million in the rest of the world. This brings their total subscriber numbers to 167 million worldwide. The company also reported a Q4 profit of $587 million.
With Disney+ launching int he UK and Europe at the end of March it will be interesting to see how this affects global subscriptions in Netflix’s Q2 2020 earnings call. As mentioned earlier, many households subscribe to multiple services and I for one will likely subscribe to Disney+ and continue with my Netflix subscription and my occasional NowTV subscription when my favourite shows are on. I surely can’t be the only person who does this?