Disney Planning to Faceoff with Netflix?
Posted by: Admin on: August 23, 2017
Recent articles have reported that Disney has decided to pull all Disney and Pixar films from Netflix by 2019 in order to start their own streaming service.
As more and more customers cut the cord and replace Cable TV with live TV and media streaming services such as Netflix, Hulu, YouTube and more, it seem as though Disney wants to jump into the streaming media business offering their own service in what looks to be 2019.
Although loosing the Disney titles from their library will slightly affect Netflix, it is not suspected to be a devastating blow. With thousands of hours of custom programing, their millions of customers are not likely to notice the absence of the Disney titles.
With Disney and Apple announcing plans to develop Media Streaming Services, the ones that should be taking notice are the current Cable Television networks. Companies such as Verizon Fios, Cox Communications and more have held a basic monopoly over the viewing public for the past 30+ years and now they are actually facing some stiff competition.
The viewing public is tired of paying exorbitant rates for a majority of channels which most viewers do not watch. What is meant by this is that the average person may have 80 channels on their current Cable Television plan. Most viewers will only watch 30-40 of those channels at most. Viewers have been asking for an ale-cart system for years and have been ignored by these major media corporations. Now with being able to stream content into your home, you choose which channels and shows you want to watch and when you want to watch them. You are still able to view Network Television by hooking up a set of rabbit ears to any television you own. By doing this, you may actually receive more local stations than your Cable Company offers.
Streaming of media is still currently in it’s infancy and which way it goes is yet to be determined. Media entities are going to see profits dwindling from Cable TV and are going to try to get into the streaming market (i.e. Disney). This may be the downfall of streaming. Greedy corporations not only charging fees for the services, this will also increase the cost of Internet.