Disney+ Projected to Expand Asia Subscriber Lead Over Netflix1 min read
Reading Time: < 1 minuteDisney+ will dramatically expand its subscriber edge over Netflix in the Asia-Pacific region in 2021, according to a report released Wednesday by research consultancy Media Partners Asia.
Meaningful comparisons between the two streaming services in the region are somewhat difficult to draw, however, due to differences in pricing and the markets where each company is strongest.
Disney+ is projected to finish the year with 66 million paying subscribers in Asia, more than double the 32 million subs it had at the end of 2020. Netflix, meanwhile, will see subscribers climb from 25.5 million to 33.3 million over the same period, according MPA’s research.
But Netflix will continue to generate much more revenue than Disney+ in the region. MPA sees Netflix growing revenue from $2.4 billion last year to $3.3 billion in 2021, while Disney’s revenue will more than double from $500 million to $1.2 billion.
Image Credit: Disney