What Disney Understands That Comcast Doesn't
Mistakes made by streaming media companies over the past year are forgivable. With the exception of Netflix (NASDAQ: NFLX), most of them are new to the business. Walt Disney's (NYSE: DIS) Disney+ has only been around since November of 2019. AT&T (NYSE: T) launched HBO Max in July of last year -- in the throes of the pandemic -- but had already sent its Warner-made film Scoob! straight to streaming in May. Comcast (NASDAQ: CMCSA) debuted Peacock in July, and its Universal film Trolls! World Tour released as a direct-to-consumer title in April. All three of theses studios also began their streaming journeys in a tricky environment where consumers were starved for entertainment but had time to weigh their options. Everything in the period was an experiment of sorts.
Seemingly, the dust is settling on the experiment, and consumers' preferences are becoming clear. Disney's and AT&T's takes on at-home-entertainment appear to be on target. Comcast, on the other hand, may be missing the mark with Peacock.
Image source: Getty Images.
Source Fool.com
