Done with shopping and on to... Streamers!
Guess who had the best month of revenue ever? If you read the title, you'll know it's Disney+. But even if you didnt, it wouldn't be too hard to guess.
According to our estimates, single-day net revenue in the US hit a new all-time high of $3.9 on 11/22 across the App Store and Google Play. New exclusives like Hawkeye and a new Beatles documentary + a long weekend made finally subscribing to Disney+ a no-brainer for many.
Another important thing to look at here is just how big of a jump this is. The last high for Disney+, which came in at the end of October, earned the company $3 million of net revenue in a single day in the US. The new high is a 30% increase in net revenue.
The streaming game is mega hot and hasn't cooled down in as long as COVID has been around to change the world. Disney noticed.
December saw a curious split: downloads dropped 2% while revenue sat at $1.3B. ChatGPT and TikTok dominated both charts as the mobile industry enters a new maturity phase.
Wall Street bet $2 billion on Polymarket, and downloads surged 1,172% in December. The prediction market banned in 2022 is now where Wall Street looks for signals.