The Streaming Landscape After Disney’s Deal
- 6 years ago
The Streaming Landscape After Disney’s Deal
And its owners — which include Comcast, Disney, Time Warner
and 21st Century Fox — also made a concerted effort over the past year to sell back libraries of their hit TV shows like “This Is Us” and “30 Rock” to Hulu rather than Netflix.
NETFLIX Partly as a result of rivals like Disney being reluctant to sell content to a service they increasingly see as a competitor, Netflix
has recently shifted its focus to creating original content including scripted dramas, documentaries, children’s programming and movies.
The second service, fueled by Disney’s existing content
and now 21st Century Fox’s TV shows and movies, promises to be a formidable entrant into the streaming world.
Even before the deal was announced on Thursday, Disney had already announced plans to unveil two streaming services: one focused on sports
that will begin next year and one focused on entertainment that will become available in 2019.
“We see no reason why Comcast would want to enable Disney to have a more successful streaming service
that hampers the legacy bundle that is vital to Comcast,” said Rich Greenfield, at analyst at BTIG.
Still, Disney will assume Fox’s stake in Hulu, and will now own more than 50 percent of the streaming service.
It spends billions of dollars a year and has seen subscriptions soar, especially internationally, with the critical
and popular success of shows like “Stranger Things” and “The Crown.”
But Disney’s deal to buy most of 21st Century Fox changes things.
And its owners — which include Comcast, Disney, Time Warner
and 21st Century Fox — also made a concerted effort over the past year to sell back libraries of their hit TV shows like “This Is Us” and “30 Rock” to Hulu rather than Netflix.
NETFLIX Partly as a result of rivals like Disney being reluctant to sell content to a service they increasingly see as a competitor, Netflix
has recently shifted its focus to creating original content including scripted dramas, documentaries, children’s programming and movies.
The second service, fueled by Disney’s existing content
and now 21st Century Fox’s TV shows and movies, promises to be a formidable entrant into the streaming world.
Even before the deal was announced on Thursday, Disney had already announced plans to unveil two streaming services: one focused on sports
that will begin next year and one focused on entertainment that will become available in 2019.
“We see no reason why Comcast would want to enable Disney to have a more successful streaming service
that hampers the legacy bundle that is vital to Comcast,” said Rich Greenfield, at analyst at BTIG.
Still, Disney will assume Fox’s stake in Hulu, and will now own more than 50 percent of the streaming service.
It spends billions of dollars a year and has seen subscriptions soar, especially internationally, with the critical
and popular success of shows like “Stranger Things” and “The Crown.”
But Disney’s deal to buy most of 21st Century Fox changes things.