Disney takes control of popular series, Netflix fights to save 750,000 subscribers
Since the official launch of the Disney+ platform in November 2019, it has been battling streaming giant Netflix for the top spot among streaming services.
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Led by Disney+ Original Series like The Mandalorian, The Book of Boba Fett, WandaVision, The Falcon and the Winter Soldier, Lokiand more, the Disney+ catalog is THE place to stream for star wars fans and Marvel fans – these communities make up a large part of Disney’s fan base these days.
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As well as being the streaming home of the star wars franchise and Kevin Feige’s Marvel Cinematic Universe, Disney+ features series from other Walt Disney Company subsidiaries, including Walt Disney Animation Studios, 20th Century Studios — formerly 20th Century Fox — and even ABC.
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Now, Netflix’s presence in the UK is causing concern as several popular series are set to leave the streamer for the Disney+ service. Like a recent report Noted:
Netflix is facing a fight to prevent up to 750,000 UK subscribers from defecting as rival Disney regains sole control of hits such as Modern Family, How I Met Your Mother and Sons of Anarchy to bolster its own service.
The streaming company, which last week predicted the lowest number of new global subscribers in the first quarter since 2010, lost UK rights to five popular Disney+ titles this month, with more expected to follow.
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Analysts are concerned about the situation, with Digital i CEO Ali Vahdati noting:
“Modern Family was the most streamed Netflix show in Europe in 2020,” said Vahdati, who felt the show’s loss could have the biggest impact, with nearly 270,000 subscribers considered diehard fans. “Our previous research showed that more than half of Netflix’s top views were too high [Hollywood] studio content.
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It is important to keep in mind that Netflix certainly has its own list of series that are popular among fans. These include the mega-hit Bridgertonthe Regency-era drama that will see its second season drop on March 25, 2022.
stranger things Season 4, starring Millie Bobby Brown as Eleven, is also set to debut in 2022.
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Netflix also recently signed some big Hollywood stars for its films. Leonardo DiCaprio (Titanic, The Great Gatsby, Le Revenant) and Jennifer Lawrence (The hunger Games) led sci-fi movie, Don’t look upfor example, and Ryan Reynolds (Deadpool, Free Guy) must appear in The Adam Project.
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While Netflix still has a lot to do, it will be interesting to see how the loss of rights to popular series in the UK will affect the service not just in Europe, but around the world.
What do you think of this situation?