Disney Plus Signed Up 24 Million U.S. Subscribers in November and Took Bite Out of Netflix, Analysts Estimate

While some research has indicated Disney Plus has had minimal impact on Netflix, Cowen & Co. estimated that Disney Plus will result in about 1 million additional U.S. Netflix customers cancelling service for the fourth quarter of 2019. All told, about 5.1 million Netflix subs in the States will bail in Q4, but the higher churn “appears manageable” for Netflix, Cowen analysts led by John Blackledge said in the report issued Wednesday. – Todd Spangler, Variety » https://ift.tt/2EyhJJy [photo: Disney+]