Streaming Wars Gain Renewed Vigor as Disney Officially Enters the Fray

Streaming Wars Gain Renewed Vigor as Disney Officially Enters the Fray

5 years ago
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https://wccftech.com/streaming-wars-gain-renewed-vigor-as-disney-officially-enters-the-fray/

Disney (NYSE:DIS) has officially thrown its hat into the crowded streaming ring with Tuesday’s launch of the much-anticipated Disney Plus service. Boasting an extensive library of popular shows and movies for $7 per month, Disney is all set to take on Netflix (NASDAQ:NFLX) on its own turf.

Netflix may have the upper hand for now with its 150 million global subscribers, however, Disney has priced its content streaming service at a relatively frugal price point of $6.99 per month. Moreover, Verizon's (NYSE:VZ) Wireless subscribers with unlimited plans will get to enjoy the Disney Plus service for an entire year without any additional cost which, in turn, may help in rapidly boosting Disney’s subscriber count. As an additional inducement, the company has also launched a $12.99 per month bundle that includes a subscription for its streaming service along with that of Hulu (with ads) and ESPN+. This means that users will be able to stream shows from NBC, ABC, Fox and more, along with ESPN content and everything on Disney Plus for the equivalent price of a Netflix monthly subscription.