Disney's Secret Weapon in the Battle for Streaming Dominance
It's no secret that the movie industry is facing unprecedented upheaval. The global box office is on partial lockdown because of the pandemic, and there's no telling what consumer demand for trips to the cinema will look like once COVID-19 has been beaten.
Swooping in to fill the entertainment void has been streaming TV content. But monetizing and profiting from content via subscription is a totally different game from the high-stakes, high-reward game of theatrical releases. Someone needs to rewrite the script.
I believe Disney (NYSE: DIS) already has.
Source Fool.com
