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Episode details

World Service,10 Aug 2022,26 mins

Disney overtakes Netflix in streaming war

World Business Report

Available for over a year

Disney, the American media giant, has beaten expectations in its latest results. Its on-demand platform now has more than 152 million subscribers, but it comes at a time of declining revenues for streaming services. Meanwhile, there have been lower-than-predicted inflation figures in the US. To crunch the numbers, we're joined by Susan Schmidt, Head of US Equity at Exchange Capital Resources in Chicago; and Randall Kroszner, a former Governor of the Federal Reserve Board. It's almost a year since the Taliban seized control of Afghanistan. Now a group of leading economists is calling on the US President, Joe Biden, to unfreeze the country's cash assets. We speak to Nobel Prize winner Joseph Stiglitz about how that could help citizens. In his first week in office, Colombia's new president, Gustavo Petro, has announced sweeping tax reforms aimed at rebalancing the country. Sergio Guzman from think tank Colombia Risk Analysis explains how it could make or break his leadership. We're also joined by Stefano Aurecchio from the Neopolitan Pizza Association, as the delivery chain Domino's pulls out of Italy. (Picture: Disney+ now has more users than Netflix. Credit: Getty Images.)

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