The streaming market is booming, and the introduction of new platforms has drastically changed the industry's landscape from what it was only two years ago. Disney (NYSE: DIS) has had major success with its streamer Disney+ but had previously entered the market with Hulu and ESPN+. Here's why Disney is right to host and offer a variety of streaming platforms rather than just one.

Hulu launched in 2007 as one of the first ad-supported streaming platforms, with Disney taking control of the streaming service in 2019 due to its Fox acquisition. Disney launched ESPN+ in April 2018 and Disney+ in November 2019. 

Each of Disney's streaming platforms offers widely different services. For example, Hulu gives subscribers access to premium TV series and movies, ESPN+ has a wide range of sports content, and Disney+ is home to an extensive library of nostalgic and new Disney titles from brands such as Pixar, Star Wars, Marvel, and more.

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Source Fool.com