As streaming has become part of our everyday lives one of the largest media companies in the world, Disney, will soon r debut their own platform. Seeing how the company owns some of the most beloved properties ever to grace the screens, it’s surprising that it’s taken this long for the House of Mouse to get in the streaming game.
Even for Disney, their service is a huge project and at least one analyst, Hal Vogel, predicts the company won’t see a return for years. You can check out what he had to say about the issue below.
“It’s going to be years until they start to recover their investment in streaming. They will be forgoing high profit margin revenues and moving into a very competitive arena with Netflix and Amazon and probably Apple. Investors are focused right now on the dream of seeing everybody move into streaming. But we need to know more about what the pain points are for these companies and how much they are willing to lose.”
ALSO SEE: Disney To Spend Over $16 Billion In 2019 On Non-Sports-Related Content
It’s a tough game to jump into for sure, but the potential rewards are enough to get Bob Iger and company on board. Disney’s content is a force to be reckoned with so when they do debut their service, they’re will be coming with media as stronger and probably stronger than any other service.
I’m not even sure of the full lineup to be on the service, what I do know is I will be subscribing, if for nothing else than the upcoming Star Wars televisions shows, as well as the Marvel content.
Will you be subscribing to Disney plus? Let us know in the comments down below!
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Source: Variety
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