Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey

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Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey

Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey. The Survey was conducted by Streaming Observer and Mindnet Analytics in anticipation of the release of Disney+.

The survey concluded an estimated 8.7 million subscribers may leave Netflix in favor of Disney+, primarily due to the content being more family friendly and beloved by established fans. That 8.7 million makes up just about 14% of all Netflix users.

“While Netflix has been steadily adding more kids content to its library, it’s hard to imagine it can match what Disney offers on this front, which could be a source of concern for the streaming giant,” said the survey.

Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey

One of the biggest motivators for switching streaming services is also the cost of the subscription.

Disney+ will only be $6.99/month vs. Netflix’s notoriously rising costs, which currently are rated at:

  • Basic Plan: $9/month
  • Standard Plan: $13/month
  • Premium Plan: $16/month

Before the release of the new streaming service, Netflix is phasing out or has cancelled all Disney related content from their streaming services.

Disney+ will include content from Walt Disney Pictures, Walt Disney Animation Studios, Disney-Pixar, Marvel Studios, Lucasfilm (Star Wars), National Geographic, ABC, Fox, and more. Almost all pre-existing content will be available starting the moment Disney+ goes live for streaming. Disney+ will also stream their own direct to consumer content including shows and films.

Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey

“Disney and Apple add a little bit more, but frankly I doubt it will be material because again there’s already so many competitors for entertainment time,” Netflix founder and Chief Executive Reed Hastings stated during a first quarter earnings report video interview.

Netflix is at least giving the appearance that they are not worried about the release of Disney+, but experts in the industry say it will have a big effect on other streaming services despite their denial.

There are those who will chose to stick with both streaming services, will you be one of those streamers? Or will you be getting Disney+ when it releases in November 2019 and cancelling your Netflix subscription? Let us know in the comments!

Photo Credit: Netflix/The Walt Disney Company/Disney

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Kaitlyn is a writer, painter, and artist based just north of Baltimore, Maryland. She is a previous participant in the Disney College Program and has years of experience with Walt Disney World Parks and Resorts and with Universal Orlando Resort. Her and her big 'Ohana are frequent visitors to the parks and resorts and she is always up for another trip to visit her favorite castles! Kaitlyn is the News & Entertainment Writer for Chip and Company and is passionate about writing and storytelling.
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2 thoughts on “Netflix Could Lose Millions of Subscribers to Disney+ According to a Recent Survey

  1. I forgot to sign into FB so it leaves my name LOL & don’t know how to delete my other comment, so i’m re-doing it so you can see my name.

    I am SO pumped for this!! I’ve had both Netflix & Hulu in the past & cancelled both subscriptions because I just wasn’t happy. Especially Netflix, they got too expensive & they’re library didn’t appeal to me. I LOVE Disney movies! They’re basically the only movies I watch. I’m so excited that they’re including Marvel, Star Wars, all the DCOMs, & like 5,000 Disney Channel show episodes. This is every Disney girl’s dream come true!! hahah. I love nostalgia, so I can’t wait to watch all of the older Disney Channel shows & movies too! #DisneyVacayGiveaway

  2. I am SO pumped for this!! I’ve had both Netflix & Hulu in the past & cancelled both subscriptions because I just wasn’t happy. Especially Netflix, they got too expensive & they’re library didn’t appeal to me. I LOVE Disney movies! They’re basically the only movies I watch. I’m so excited that they’re including Marvel, Star Wars, all the DCOMs, & like 5,000 Disney Channel show episodes. This is every Disney girl’s dream come true!! hahah. I love nostalgia, so I can’t wait to watch all of the older Disney Channel shows & movies too! #DisneyVacayGiveaway

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