Walt Disney Co. (DIS)

$ 115.65
   
  • Change Today:
    $0.00
  • 52 Week High: $122.82
  • 52 Week Low: $85.60
  • Currency: US Dollars
  • Shares Issued: 1,900.00m
  • Volume: 45,075
  • Market Cap: $219,735m
  • RiskGrade: 179
  • Beta: 0.51

Netflix may potentially lose 750,000 UK subscribers to Disney

By Iain Gilbert

Date: Monday 24 Jan 2022

LONDON (ShareCast) - (Sharecast News) - Streaming giant Netflix could lose as many as 750,000 UK subscribers as rival Disney takes back exclusive control of titles like Modern Family, How I Met Your Mother, and Sons of Anarchy as part of an effort to bolster its own platform.
Netflix, which issued its lowest new global subscriber guidance since 2010 last week, lost the rights to five hit Disney shows, with more to come in the near future.

According to research firm Digital i, the loss of the five programmes, and with Homeland set to follow suit shortly, Netflix could lose out on as much as £90.0m per year.

"The viewing to these six titles, five of which have already left Netflix, was significant in the UK," said Digital i chief executive Ali Vahdati.

"This means a significant number of subscribers will begin to question their Netflix subscription and look to the new home of their favourite content, Disney+."

As of 1440 GMT, Netflix shares were down 3.10% at $385.17 each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Disney Market Data

Currency US Dollars
Share Price $ 115.65
Change Today $ 0.00
% Change 0.00 %
52 Week High $122.82
52 Week Low $85.60
Volume 45,075
Shares Issued 1,900.00m
Market Cap $219,735m
Beta 0.51
RiskGrade 179

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Neutral 8
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Total 30
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