Can Disney catch up with Netflix?
Disney launches its own OTT service next year into a market where Netflix has spent its way to the top. Will Disney’s offer be too little too late to catch up? Or is there room for another big OTT player?
As an over-the-top (OTT) operator Netflix, with international hits like The Crown and more than 125 million subscribers in just about every country in the world apart from China, is surely now out of sight.
Is it really plausible to suggest that the big entertainment majors can catch Netflix now after helping to create a “monster” rival by putting short-term gains from library deals ahead, critics argue, of long-term strategy?
Netflix has the firepower to produce more than 700 original productions this year involving an investment of $8 billion (£6 billion).
The market is pushing the Netflix share price to…
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