Disney’s ‘Turning Red’ keeps burning up streaming ratings (NYSE:DIS)

Disney+ (NYSE:DIS) is maintaining some latest momentum in streaming engagement, with its second straight animation blockbuster persevering with to steer in viewer eyeballs.

Turning Purple, a straight-to-streaming launch from Disney’s Pixar, led for the second straight week in Nielsen’s newest total weekly streaming rankings (for March 14-20), with 1.675 billion minutes streamed.

That is solely a few 2% drop-off from final week, when Turning Purple turned Disney’s newest movie to stream greater than 1 billion minutes in a single week. (Encanto spent 10 weeks streaming 1 billion minutes-plus earlier than not too long ago breaking that streak.)

Turning Purple once more topped some sturdy performers for Netflix (NFLX) – movie The Adam Venture (1.339 billion minutes streamed) and collection The Final Kingdom (1.317 billion). These had been adopted by Encanto (DIS), nonetheless no slouch with 827 million minutes streamed.

Rounding out the highest 10 was one other slew of Netflix (NFLX) collection and miniseries: NCIS (735 million minutes), CoComelon (721 million), Good Women (689 million), Unhealthy Vegan (609 million), Legal Minds (599 million) and Inventing Anna (598 million).

Netflix (NFLX) captured the highest 9 acquired applications, led by NCIS, CoComelon and Good Women; Disney (DIS) made an entry on that chart at No. 10 with Bluey (275 million minutes).

Netflix (NFLX) has returned to some pretty heavy domination of the unique collection rankings chart as properly, with eight of the highest 10 slots. Amazon Prime Video (AMZN) got here in at No. 5 with The Marvelous Mrs. Maisel (482 million) and No. 9 with Add (359 million).

As talked about, motion pictures had been led by Turning Purple, The Adam Venture and Encanto, although that was adopted up by three Netflix entries: A Stroll Among the many Tombstones at No. 4 (420 million), Rescued by Ruby at No. 5 (306 million) and Black Crab at No. 6 (271 million). Disney (DIS) additionally positioned Cheaper by the Dozen on the chart at No. 7 (242 million), and Hulu landed at No. 9 with erotic thriller Deep Water (206 million minutes).

(A reminder that Nielsen streaming rankings incorporate viewing from 5 main streamers: Amazon Prime Video (AMZN), Apple TV+ (AAPL), Disney+ (DIS), Hulu (DIS) (CMCSA) and Netflix (NFLX).)

On Thursday, Morgan Stanley in the reduction of on its Netflix value goal (whereas staying upbeat long-term), anticipating some near-term subscriber challenges.