Disney+ triggers Japanese streaming market's expansion in Q3, says report. Details here
Disney+ overtook Hulu Japan to become the third-largest streamer in the country. Japan added 1.1 million net new SVOD subscriptions during the third quarter of 2022.
By ET Spotlight Special |
Agencies
According to recent reports, Disney+ has overtaken Hulu Japan in the Japanese streaming market. As per an analysis by consultancy firm Media Partners Asia and its proprietary AMPD Research Platform, in the third quarter of 2022, Japan added 1.1 million net new SVOD subscriptions (there are 49.4 million SVOD subscriptions in the entire Japanese market). Apparently, the strategy of offering discounts and brand franchises helped get more people to sign up for Disney+ over the course of the quarter.
Korean dramas also played a significant part in the acquisition of Netflix and Disney+ subscribers, offering a competitive distinction among animation collections that are mostly non-exclusive. In order to differentiate its content in a sophisticated SVOD market, Disney+ is also developing its own animation collection.
The growth is important since the rest of the players witnessed flat second and third quarters. Vivek Koto, Managing Partner of Media Partners Asia, said, "Amazon Prime Video continues to lead in this area, followed by Netflix, both of which benefit from enormous non-exclusive animation libraries." In order to meet the demand for live TV and keep up with popular variety and drama, the local TV consortium and AVOD TVer platform continue to grow their share of premium video consumption.
10 motivational quotes by Walt Disney
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10 motivational quotes by Walt Disney
10 motivational quotes by Walt Disney
"There is more treasure in books than in all the pirate's loot on Treasure Island."
"There is more treasure in books than in all the pirate's loot on Treasure Island."
"You can design and create, and build the most wonderful place in the world. But it takes people to make the dream a reality."
"You can design and create, and build the most wonderful place in the world. But it takes people to make the dream a reality."
"We keep moving forward, opening new doors, and doing new things, because we're curious and curiosity keeps leading us down new paths."
"We keep moving forward, opening new doors, and doing new things, because we're curious and curiosity keeps leading us down new paths."
"All our dreams can come true, if we have the courage to pursue them."
"All our dreams can come true, if we have the courage to pursue them."
"The way to get started is to quit talking and begin doing."
"The way to get started is to quit talking and begin doing."
"I always like to look on the optimistic side of life, but I am realistic enough to know that life is a complex matter."
"I always like to look on the optimistic side of life, but I am realistic enough to know that life is a complex matter."
"The more you like yourself, the less you are like anyone else, which makes you unique."
"The more you like yourself, the less you are like anyone else, which makes you unique."
"I would rather entertain and hope that people learned something than educate people and hope they were entertained."
"I would rather entertain and hope that people learned something than educate people and hope they were entertained."
"I have been up against tough competition all my life. I wouldn't know how to get along without it."
"I have been up against tough competition all my life. I wouldn't know how to get along without it."
The report also highlighted the continued value of anime in the Japanese market as well as the increasing interest in Korean content. Licensed live-action content is particularly strong on Hulu Japan and U-Next, according to the research, while Korean programming has a significant subscriber acquisition impact on Netflix and Disney+, generating an outsized 26% of new user consumption.
FAQs:
Is Disney+ available in Japan? Yes, it is available in Japan.
How do I register for Disney+? In order to register for Disney+, you can login with the help of your registered email address.