The Financial Times took a look at streaming subscriptions and specifically Netflix' performance through the pandemic-impacted year of 2020 and into the first quarter of 2021. As Netflix reported in their earning call, streaming subscriptions were down in Q1. But the news is not all bad for Netflix and its streaming competition.
FT cites TVision's data, which is highlighted in our Q1 2021 Streaming TV Engagement Report to conclude that time spent watching streaming TV has steadily increased since October 2020 and that while some competitors like Disney+ and HBO Max have chipped away at Netflix's share of time spent, the streaming giant still owns a considerable lead, with 23% of all time spent.
Read the full FT story about streaming subscriptions here (subscription required).