4 Streaming Challenges Still Ahead of Disney
As soon as news broke that Walt Disney (NYSE: DIS) was acquiring the bulk of Twenty-First Century Fox's assets in a blockbuster deal, it was obvious: Disney was out to change streaming. Since then, Disney has made all of the right moves to challenge Netflix (NASDAQ: NFLX) for streaming supremacy. It has taken control of Hulu (originally a joint venture with several major media partners), rolled out sports streaming service ESPN+ (growing its subscriber base quickly), and announced a new streaming service, Disney+. Both the streaming ecosystem and the impressive bundled deal seem poised for success.
But this isn't a coronation. Disney is on track to take on some serious competitors, and in the end, it has the opportunity to emerge as the big kid on the streaming block. But there's still plenty to do before it can declare victory -- here are some of the challenges the company still has to tackle.
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Source Fool.com
