News > Netflix shares fall after quarterly report

Netflix shares fall after quarterly report

Indian Express | 21/07/2021 04:49 PM | Click to read full article

Netflix is still king of streaming video, but audiences are slowly shifting toward new rivals, namely the Walt Disney Company’s Disney+, according to research from Parrot Analytics.

Netflix’s share of worldwide demand interest- a measure, created by Parrot, of the popularity of its shows and a key barometer of how many new subscribers a streaming service is likely to attract- fell below 50% for the first time in the second quarter of the year.