Disney Plus: For supremacy in streaming content

Mickey Mouse continues to do his thing, now wants to enter the world of streamings. of content. The also called video on demand (VOD), will soon have a new company. Thus Disney Plus, also known as Disney + will soon be among us.

Although, Netflix was the pioneer in streaming video or content., In the last few years, this online model has been on the market for several years. Therefore, with the time elapsed, the offer of platforms is extensive, having among them two other major ones such as HBO, Amazon and many others.

Thus, since the next November 12, 2019, the giant Disney will enter this audiovisual medium. to improve and increase the VOD offering. Obviously, expectations are very high.

What does Disney Plus bring us?

The streaming service offered by the mouse company, comes backed by its fabulous movies and series. An extensive catalog for all tastes.

We must also remember that Disney Plus own Pixar, 21st Century Fox, ESPN, National Geographic, as well as of the Star Wars, Marvel and The Simpsons franchises., just to mention a few. In addition, they have committed to more than 25 series and some 10 films in the first year alone.

Equally important, it is worth mentioning that the streaming service will have high resolution content, specifically in 4K HDR format.. And if that wasn't enough, they will develop an app available for the Nintendo Switch handheld console initially.

How about the price?

So far, the information known regarding pricing indicates that the rate will be half that of its competitors in the United States. It will cost $6.99 per month, and the annual subscription will cost $69.99..

Now then, Disney expects to reach some 90 million subscribers since its inception until 2024. Therefore, they are willing to lose money until that year. Because they are cease to receive revenue from selling content to Netflix, for about 150 million and some 2.5 billion for the subscription price alone for 2019..

Obviously, a very risky staging. In the quest to position itself at the top or very close to companies such as Netflix. One of the strongest, in terms of streaming videos.

And the competition?

Although, video streaming market leader Netflix, is excited about this announcement. So far, since Disney's announcement they have lost about $8 billion, down 5% on the stock market.. Moreover, it has been slowing down its growth from 40.4% in the first quarter of 2018 to 22.2% in this 2019.

In addition to this situation, many subscribers and media connoisseurs consider that Netflix productions have deteriorated in quality.. According to them, they have been more interested in increasing the cost of the subscription. For example, since 2010 the standard plan has gone up by 62% to stand at $13. Meanwhile, the Premium has been increasing by 33% to reach about $16.

On the other hand, they have increased their memberships by some 150 million users. As time goes by, the increase in subscribers will continue, which will be distributed among the various streaming companies. The battle between Netflix and Disney+ for our attention has just begun., We hope it will be to the benefit of consumers.

Comment What do you think about the entry of this new Disney+ company into content streaming? Do you think it will be a success? Disney Plus to absorb Netflix?

Image: Disney+