Vehicles drive previous an indication that includes Mickey Mouse on the entrance to Walt Disney World on the day that parts of the theme park, together with the Magic Kingdom, reopened to visitors after being closed since mid-March due the coronavirus pandemic.
Paul Hennessy | SOPA Photographs | Getty Photographs
This spherical, Disney beat Netflix.
Disney’s continued progress, juxtaposed with a disappointing quarter for Netflix, was the large story of this quarter’s earnings season.
Disney benefited from a handful of fashionable films, together with “Cruella” and “Luca,” that it positioned immediately on its Disney+ service within the quarter ended June 30, whereas Netflix is banking on a return to progress subsequent quarter, when hit originals comparable to “Intercourse Training” and “Cash Heist” return to the service.
Disney+ and Hotstar, Disney’s Indian streaming service, added 12.4 million new subscribers since final quarter, whereas Netflix added simply 1 million new prospects. Final quarter, Disney added nearly 9 million new Disney+ subscribers and Netflix added about 4 million new prospects.
“Final quarter, we had a bit little bit of weak spot in streaming subs each at Netflix and Disney. The weak spot continued for Netflix, but it surely did not for Disney,” Mark Zgutowicz, an analyst at Rosenblatt Fairness Analysis, mentioned in a CNBC interview. “Disney+ is about 90 million subs behind Netflix globally now. With this quantity at present, it is monitoring towards a 20 million web add acquire on Netflix this yr.”
All the massive streaming video gamers have reported earnings this quarter. The next is a rundown of the place all the main streaming providers stand:
- 209 million international paying subscribers (up 1 million from final quarter)
- 73.95 million subscribers in U.S. and Canada
- Common income per unit, or ARPU, for U.S. and Canada: $14.54
- Disney+, together with Hotstar: 116 million subscribers, $4.16 international ARPU (up 12.4 million from final quarter)
- Hulu subscription video on demand, or SVOD, solely: 39.1 million subscribers, $13.15 ARPU
- Hulu SVOD+Dwell TV: 3.7 million subscribers, $84.09 ARPU
- ESPN+: 14.9 million subscribers, $4.47 ARPU
- Greater than 175 million Amazon Prime members have streamed shows and movies in the past year. No updates were given during second-quarter earnings.
- Prime memberships cost $12.99 a month or $119 a year but offer many benefits other than streaming video — including free one-day or two-day shipping on most Amazon packages. Amazon does not break out ARPU by Prime members.
- Apple TV+ subscribers: ? (No updates given during second-quarter earnings)
- ARPU: ?
Apple’s free one-year trials to Apple TV+, which it gives away with new hardware such as iPhones, are now starting to expire for many customers, which could spur the company to offer an update on its next earnings call.
- 54 million “sign-ups” (up 12 million from last quarter)
- More than 20 million monthly active accounts
- ARPU: ?
- Three tiers: Free with commercials, $4.99 a month for fewer ads and more content, $9.99 a month ad-free
Comcast’s NBCUniversal, the parent company of CNBC, successfully used the 2020 Olympic Games in Tokyo to push Peacock subscriptions. NBCUniversal will likely add more Olympics-related sign-ups next quarter, as it reported Peacock statistics only about halfway through the Games.
While the company has not released an official figure for ARPU yet, NBCUniversal estimated in January that Peacock would deliver $6 to $7 a month across its three tiers.
WarnerMedia’s HBO and HBO Max
- 67.5 million global subscribers (up 3.6 million)
- 47 million domestic subscribers (up 2.8 million)
- ARPU: $11.90 domestically
AT&T raised its year-end global subscriber forecast for HBO Max to 73 million from 70 million in its second-quarter earnings statement. As of March, it expects 120 million to 150 million subscribers by the end of 2025.
- More than 42 million subscribers across Paramount+, Showtime, Noggin, BET+ and other platforms (up about 6.5 million, the “overwhelming majority” of which came from Paramount+)
- Over 52 million monthly average Pluto TV users (up 2 million)
- ARPU: ?
Average revenue per user remains a question mark for ViacomCBS, which has still chosen not to reveal the statistic.
“We’ve been on a journey of increased disclosure over time,” ViacomCBS CEO Bob Bakish told CNBC. “We will continue to evolve disclosure.”
- 28.9 million global subscribers (down 600,000), 16.7 million of which are streaming
- ARPU: about $6 per month
Lionsgate’s Starz actually lost total subscribers in the quarter, though the decline relates to cancellations of the company’s linear service. Streaming customers rose 58% year over year to 16.7 million globally.
- Total subscribers: ?
- ARPU: ?
AMC Networks said earlier this month it expects to have at least 9 million paid streaming subscribers across its platforms by the end of the year. The company’s flagship streaming product is AMC+, which may see a boost in subscribers after Verizon announced a deal with the company earlier this month that gives certain subscribers a free trial of the product for 6 or 12 months.
Disclosure: NBCUniversal is the parent company of CNBC.
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