Disney's global popularity and its vast content library spell increased competition for Netflix, according to J.P. Morgan.
div > div.group > p:first-child"> Disney's global popularity and its vast content library spell increased competition for subscribers at rival streaming platforms like Netflix, according to J.P. Morgan.
The company announced the new service in November after telling shareholders earlier in 2018 that it would pull all its movies from Netflix in 2019, and start its own streaming offering for its past titles. The hotly anticipated platform will feature new, original shows and movies, including original Marvel and Star Wars series. It will also include content from Disney's computer animation film studio, Pixar.
Disney's service will be more modest both in terms of price and amount of content compared to Netflix, Quadrani added, though the key determinants of its success will likely be the quality of its movies and shows.
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