OTT

Netflix Canada subs grow by 125,000, Disney+ taking “a little bit” from company


LOS GATOS, Calif. – Netflix reported its fourth quarter results showing 125,000 more Canadians subscribed to the service in the quarter ended December 31st as the streaming company faces increased competition from major challengers. This quarter is the first where Netflix may have been affected by the launch of Disney’s own streaming service, Disney+, in November. On Tuesday evening, in a video interview, Netflix CEO Reed Hastings said Disney+ is having an impact, but more so in linear TV than its own service. Disney Plus is “primarily going to take away from linear TV and takes away a little bit...