Netflix executives offered some of their most extensive comments to date on Disney’s intensifying streaming efforts during their fourth-quarter earnings interview.They spoke during the company’s video earnings interview, which is conducted by a single Wall Street analyst each quarter, after the company reported strong financial results for the fourth quarter.
Despite mounting competition, Netflix added 8.5 million subscribers in the period and 37 million in 2020, well ahead of forecasts.
That brings it to 203.7 million, well ahead of the 86.8 million for Disney+, but executives were more forthcoming than usual about seeing mouse ears in the rear-view mirror.“It’s super-impressive what Disney has done,” founder and co-CEO Reed Hastings said.
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