A few household names dominate streaming: Amazon, Hulu, and Netflix are among the industry leaders. Disney has decided that a 60 percent ownership share in Hulu isn’t enough, so they’ve launched a Disney streaming service called “Disney+.” Disney has earned more than $35 billion at the Box Office for movies produced over the last 12 years. Meanwhile, Netflix paid $100 million to AT&T, TimeWarner for one year of exclusive rights to stream “Friends” in December of 2018. Disney is looking to extend their earning potential into the streaming market, but UBS analyst John Hodulik worries they may lose money by
The post Disney Stock Surges With ‘Not-A-Netflix-Killer’ Pricing Reveal appeared first on CCN
* First published on ccn.com