Traffic to Netflix's US registration page soared during the month of March, exclusive site-tracking data shows
But the SimilarWeb data suggests more people at least entertained the idea of subscribing to Netflix during the month.
Netflix has even overtaken Disney in market capitalization, as the legacy media companies deals with park closures, theatrical release days, furloughs, and tougher advertising markets. Exclusive data suggests Netflix was hurt by the launch of Disney Plus, but has rebounded in recent weeks : Wells Fargo analysts are valuing Disney's businesses at 26% less than they were before the coronavirus outbreak, according to a report.
The key factors analysts are watching at 5 major media companies including Disney and Fox to help determine whether their stock will keep falling or rebound : Disney is extending "until further notice" its closures of its US theme parks, Disney World and Disneyland, because of the coronavirus pandemic, the company announced on March 27.
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