Disney

Ticker DIS

Today's data summary

Market closed
% change
+1.42%
Price US dollars
131.75
Change
+1.85
As of 10:07 18 Apr 2019
Market cap. US dollars
196,044.00 million
As of 10:07 18 Apr 2019

Latest updates

Netflix subscriber growth slows

Today Programme

BBC Radio 4

Sir David Attenborough
Getty Images
Sir David Attenborough at the launch of animated Netflix series Our Planet

The video streaming service Netflix has just had the strongest three months in its existence - bringing the total number of its subscribers to 149 million globally. But the company has warned that its breakneck growth is about to slow. Kara Swisher, a technology business journalist and a co-founder of Recode, talked to Today.

"They are very inventive, spending a lot of money and attracting big stars," she tells the programme.

But there's lots of competition and the sense of fragmentation in the market - will consumers pay for lots of platforms as Disney and Apple enter the market? It might explain why the shares are down a shade.

Can Disney's on-demand service succeed?

Today Programme

BBC Radio 4

Frozen 2
Disney

As mentioned earlier, Disney now wants to compete with video streaming services Netflix and Amazon, and it does own an impressive portfolio of popular content.

But can it succeed? Richard Cooper, research director at Ampere Analysis, thinks they have a good chance.

"Owning the direct-to-consumer relationship means you're able to tap into consumers. It gives you a much greater leverage when it comes to negotiating rights with other services, and of course it means that you are building this overarching brand that Disney is very well known for," he told Today.

US consumers typically subscribe to up to three video on demand services a month, but in other countries like the UK, people only have one, so there's a better opportunity for Disney to compete, Mr Cooper added.

Disney subscription service

BBC Radio 5 Live

Meg James, corporate media reporter for the Los Angeles Times is on 5 live. Will parents pay $6.99 just for Disney stuff, say, on top of a Netflix subscription? Well, the cheaper price will help, she says. They have a lot of stuff, she says: "They will have all of the Star War movies and all the Marvel universe."

But Disney will need to put a lot of original stuff on there, to compete with the other services.

pixar
Getty Images

Disney subscription service

BBC Radio 5 Live

On 5 live, there's some chat about the new Disney streaming service starting soon in the US. It will be the place to watch Disney, Marvel and Pixar films for $6.99 a month. But with DVDs so cheap now, are you better off buying the films second-hand as your surrogate childcare? And how many of these services are you willing to buy?