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Disney+ and Netflix

Netflix Gains 2.2 Million Subscribers in Q3

Image sourced from Netflix Following a blockbuster H1 2020, Netflix’s growth slowed down in Q3 2020. According to the research data analyzed and published by Comprar Acciones, net paid subscriber additions for Q3 2020 were 2.2 million. Comparatively, FactSet analysts had estimated 3.57 million while Netflix had expected 2.5 million. According to a report made by Netflix, it had added 15.77 million subscribers in Q1 2020 against an expected 7 million. In Q2 2020, the total number of new paid subscribers was 10.1 million versus an expected 7.5 million. Disney+ Subscribers Grow by 60M in 9 Months vs. Netflix’s 28.1M At the end of Q3 2020, Netflix reported a total of 195.15 million. Netflix reiterated the fact that it had missed its Q3 2020 subscriber forecast due to the company’s record perfo...