During the Covid 19 Lockdown throughout the world people are taking up and using more of their video subscription services.
Disney+ the Netflix rival launched by Disney has nearly doubled it’s subscribers to 50 million people after extending their launch to the UK and Europe. meanwhile Netflix is close to 170 million subscribers. In the UK and throughout Europe - Netflix agreed to slow down their connections by 25% to give breathing space for all the new remote workers during this time who need bandwidth for home working and videoconferencing.
Disney+ Subscription Service
Netflix is the streaming service that started off as a DVD rental by post company after the founder was incensed at the late fees charged by Blockbuster videos. Disney+ reached the 50 million subscriber number in months, it took Netflix 7 years to reach the same stage, although they set the scene for the new streaming industry.
While the corona virus has brought much of the world economy to a standstill, the internet industry is proving invaluable for many, from online shopping to streaming services for leisure and from videoconferencing and team based work co-ordination for companies.