Disney+ and HBO Max show streaming strength against Netflix

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Disney+ and HBO Max show streaming strength against Netflix
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It was a strong quarter for Disney, HBO Max and Paramount+ as streaming leader Netflix acknowledged competition may be hurting its growth on the margins.

Newly named Paramount Global finally revealed specifics about its streaming services, including the number of Paramount+ subscribers and its average revenue per user . Not coincidentally, Paramount also added 9.4 million global streaming subscribers and 10 million Pluto TV users in the quarter, strong results that perhaps suggest longer-term viability for the company than some skeptics had anticipated.'s Peacock also revealed more specificity this past quarter, including ARPU near $10.

The following is an updated rundown of where all the major streaming services stand after reporting earnings for the calendar fourth quarter.Average revenue per user, or ARPU, for U.S. and Canada is $14.78 after forecasting just 2.5 million new net subscribers for next quarter. Its 8.3 million adds in the fourth quarter were slightly under its own forecast of 8.5 million.

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