The Rise Of Disney Plus And Netflix Amidst The COVID-19 Global Outbreak
The COVID-19 virus has forced people in many countries to lock themselves inside their homes. While the lockdown was difficult in the beginning, people have slowly learned to adjust with it. Office goers are working from home, people are spending more time with family, and many are investing their time in productive activities.
But as the saying goes, ‘All work and no play makes Jack a dull boy’. It’s important to keep oneself entertained during these tough times, and thanks to the internet, more and more people are turning to digital media for their entertainment quota.
Finding The Best Streaming Services Offers Is Important
The digital entertainment world is growing day by day. There are a lot of streaming services to choose from and it’s not possible to subscribe to all of them. Which service has the cheapest subscription? Where can you find most of your favorite shows? Which service has the most diverse library with highly-rated shows?
Thankfully, you don’t need to jump around different sites to get all this info. At StreamingWars, you will find detailed information on all streaming services along with the best offers.
A Massive Spike in Streaming Service Subscriptions Post COVID-19 Outbreak
Streaming services were already flourishing for the past few years and there was no doubt that they would eventually replace cable TV. Now with millions of people locked in their homes, there was bound to be a spike in the number of new subscriptions. Even among all the different streaming services, Netflix and Disney Plus seem to be the biggest winners.
Netflix managed to amass 16 million subscribers between January and March in 2020. This increase in the demand for their services has even led to a significant increase in their share value. Of course, there will likely be some decline in the number of subscriptions after the lockdown is over and people get back to their busy lives. But for now, Netflix is benefitting from the viral outbreak and government-imposed lockdown.
Disney Plus started in November of 2019 and being a new service, their digital library is not even close to that of other established services. They only have a handful of new shows, along with many of their older content. They have an exciting line-up of upcoming shows, but their production and release have been halted due to the COVID-19 outbreak.
Limited shows, new service, and upcoming projects under halt – looking at these factors one would not expect Disney Plus to progress in these tough times. But surprisingly – be it smart marketing, loyal fans, titles under MCU and Star Wars, or simply the power of Disney as a brand – Disney Plus has amassed 50 million subscribers as of April 2020.
According to Nielsen, the time spent on streaming platforms went up by 34% over the first two weeks of March. The total time spent from Mach 16 through March 22 is more than double for the time spent in the same week in 2019.
These numbers clearly show how the coronavirus outbreak has benefitted streaming services.