Disney’s Upcoming Streaming Service Could Be Worth $25 Billion

Right now, virtually every network under the sun is creating their own streaming service. After all, why license out your content to Netflix if you can reach straight to the consumer yourself, right? Disney is the latest company to take this approach, and if there’s a company who could get it right, it’s them.

But how much would a service like theirs be worth? According to a Morgan Stanley note (via Business Insider), should Disney’s streaming service hit 30 million subscribers in the next 10 years (for reference, Netflix currently has around 105 million), it could be worth around $25 billion.

For comparison, according to CNN earlier this year, Netflix is worth a whopping $70 billion. But as leaders in streaming content, we can only expect as much.

Benjamin Swinburne, an equity analyst at Morgan Stanley wrote:

“Disney’s brands and content depth and breadth give it a unique opportunity among existing content producers to build a large global customer base in a direct to consumer streaming model.”

Of course, this doesn’t mean Disney’s success is a given. Disney is still new to this game, and there’s no way of knowing just how a behemoth like them will treat this market, and for all we know, they may make big mistakes that come with being a part of a large conglomerate.

What do you think? Is Disney destined to succeed in this streaming space? Let us know down below!

Don’t forget to share this post on your Facebook wall and with your Twitter followers! Just hit the buttons on the top of this page.

SOURCE: Business Insider

GenreVerse Have you checked out LRM Online’s official podcast feed yet The Genreverse Podcast Network? This includes our premiere podcast The Daily CoGBreaking Geek Radio: The Podcast, GeekScholars Movie News, Nerd Flix & Chill, Marvel Multiverse Mondays, Anime-Versal Review Podcast, and our Star Wars dedicated podcast The Cantina. Check it out by listening below. It's also available on all your favorite podcast apps! Subscribe on: Apple PodcastsSpotify |  SoundCloud | Stitcher | Google Play

Joseph Jammer Medina

Joseph Jammer Medina is an author, podcaster, and contributor at LRM Online. A graduate of Chapman University's Dodge College of Film and Television, Jammer's always had a craving for stories. From movies, television, and web content to books, anime, and manga, he's always been something of a story junkie.

Read Previous

John Boyega On What Fans Want To See In Pacific Rim Uprising

Read Next

Aquaman: Jason Momoa Teases Huge Underwater Battle Scenes

This website is using Google Analytics. Please click here if you want to opt-out. Click here to opt-out.