Disney Stock Surges With ‘Not-A-Netflix-Killer’ Pricing Reveal

2019-4-13 17:15

A few household names dominate streaming: Amazon, Hulu, and Netflix are among the industry leaders. Disney has decided that a 60 percent ownership share in Hulu isn’t enough, so they’ve launched a Disney streaming service called “Disney+.

” Disney has earned more than $35 billion at the Box Office for movies produced over the last 12 years. Meanwhile, Netflix paid $100 million to AT&T, TimeWarner for one year of exclusive rights to stream “Friends” in December of 2018. Disney is looking to extend their earning potential into the streaming market, but UBS analyst John Hodulik worries they may lose money by

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Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money

Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king.

2019-2-7 23:29