The Streaming Wars Begin: Which company will make it to the top?
Let the streaming Wars begin.
With Disney announcing on April 11th that is plus service will arrive in November there is a growing field of combatants to the streaming Wars that have begun. To date the most prominent streaming services, have specific companies which include Netflix and Hulu to name a few. However, with Disney Plus going live this fall the question of which companies Will Survive and which ones will not, is up for grabs. When Disney and Netflix first went to a deal back in 2012 for an estimated 300 million dollars annually It Foster the growth Spectrum for Netflix calling it to grow from 26.5 million subscribers to an estimated 148+ million at the end of last year. In response hey cable companies have suffered because of the growing trend of cord-cutting and switching to streaming services. However, with Disney announcing 2 years ago that it would have its own streaming service Disney Plus the question which company will be in most dominant one is definitely interesting to analyze. Within Disney + streaming service they've included not just Disney programs but also other companies including some from 21st Century Fox which includes Avatar Simpsons and 60% of Hulu (see all the features of Disney+ Here), Disney is setting themselves up to be the direct competitor to Netflix and possibly taking over entire streaming Market. Add this to the notion that Disney plus will only cost 6.99 dollars per month which is just over half the cost of the standard Netflix subscription and we can definitely see how a massive battle and super between the two companies. Netflix itself is switching over to more original content thereby expanding their user base to a new audience. This will create an interesting dynamic between how Disney will attract customers versus Netflix's strategy. Overall there is definitely a growing trend to move away from cable Based Services toward online streaming services which will have a massive impact on the entertainment Market.
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