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Photo by Thibault Penin on Unsplash

Mickey Mouse has won the latest battle in the streaming wars—but at a big cost.

Burbank-based Walt Disney Co. surpassed Netflix in total subscribers after signing up way more customers than expected during its most recent quarter. The strong growth helped boost the company’s share price in after-hours trading on Wednesday and signaled that the streaming market isn’t nearing saturation yet—despite the recent doom and gloom surrounding the business.

Yet Disney also lost $1.1 billion on streaming during the fiscal third quarter, much more than the roughly $300 million lost this time last year. That’s likely a big reason why the company also announced price hikes for Disney Plus—its flagship streaming service— as the entertainment giant tries to generate more revenue from the money-losing business.

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Photo by Thibault Penin on Unsplash

Netflix’s early efforts to create a business out of mobile gaming are hitting a rough patch.

The company began offering mobile games based on its hit shows like “Stranger Things” or “The Queen’s Gambit” last November. Since then it’s had a difficult time getting its subscriber base to play the 26 titles currently available.

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Courtesy of Liam Daniel/Netflix

Abigail Barlow and Emily Bear won a Grammy for their “Bridgerton” inspired musical. Now, the pair face a lawsuit from Netflix.

The streaming platform is suing the creators of “The Unofficial Bridgerton Musical” over copyright and trademark infringement. The lawsuit claims the musical uses direct lines of dialogue and character traits from the Netflix show. Netflix also claims it tried to negotiate with Barlow and Bear to let them license the intellectual property and continue with their performances.

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