Tuesday, April 16, 2019

DISNEY PLUS WILL LOSE OVER 8 BILLION DOLLARS IN STREAMING SERVICE WAR WITH NETFLIX



Disney is getting a monopoly on entertainment, having bought ABC, Marvel, FOX, DC comics, the Muppets, and Lucasfilm. Given that they are spending 10 million per episode for a new Star Wars series called The Mandalorian, with another TV series presumably in the works, and that they have a huge library of movies, they might very well get a monopoly on streaming services. They could outcompete Netflix, and if I were Netflix I would be in merger talks.

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