The Walt Disney Company on Tuesday launches its Disney+ video streaming platform in the US and Canada, in an attempt to recoup ground lost to Netflix. In doing so, the entertainment giant also takes on Amazon Prime, Apple TV+ and even Hulu — a streaming competitor Disney co-owns with Comcast’s NBC Universal. TV industry insiders predict Disney will seize on the opportunity to bypass the regular distribution channels for its blockbuster movies, series and own-brand TV channels, and put almost everything it creates on the new platform. “They have very aggressive ambitions for Disney+, which for the first time allows them to connect directly with global consumers,” Tony Gunnarsson, a streaming analyst at the London-based media consultancy Ovum, told DW. Read more: As smoking on Netflix rises, fears of normalization grow Watch video 01:17 Share Mossack Fonseca sues Netflix over ‘Panama Papers’ film Send Facebook Twitter google+ Whatsapp Tumblr linkedin stumble Digg reddit Newsvine Permalink https://p.dw.com/p/3RTlZ Mossack Fonseca sues Netflix over ‘Panama Papers’ film Even so, eschewing longtime business relationships with cable and satellite networks is seen by some in the industry as a risky strategy, considering Disney’s media networks are responsible for 39% of overall revenue, some $27.3 billion (€24.7 billion)… Read full this story
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