Disney+ Is Already Losing Titles
Disney's (NYSE: DIS) on-demand streaming service, Disney+, is the most serious threat yet to Netflix's (NASDAQ: NFLX) streaming supremacy.
Disney+'s impressive launch speaks to the value of its library, which -- though smaller than Netflix's -- is full of popular films and bankable franchises. Its arsenal of top media properties includes classic Disney animated films, Star Wars, Marvel Studios, and The Simpsons, to name a few. Disney's already significant holdings were augmented by the acquisition of 21st Century Fox, first announced in 2017 -- a move that Disney made with streaming in mind.
It's no exaggeration to say that Disney+ only exists because of this existing in-house content. Disney has heavily promoted its service as the "forever home" of all things Disney-branded and Disney-owned, from Star Wars and Marvel Studios on down to Snow White and the Seven Dwarfs.
Source Fool.com
