Disney is acting like a startup trying to compete directly with Netflix instead of doing what they do best and create stories and content which they can make bank licensing out to distributors. Because I've seen the interviews of Iger, and he keeps saying "Disney has the technology" and to me that is a red flag that Disney does not have the technology, as Disney is not like Netflix or Amazon Prime Video where they have coders and techies constantly improving and innovating on the platform's algorithms.
Just because over the top streaming is the future of entertainment doesn't mean Disney has to stray from their true North, and it also doesn't mean Disney couldn't still make billions licensing out their creative content to streaming sites. I think this pivot is Disney shifting strategy based on the competition and not based on the customer, like Walmart trying to be Amazon instead of doing what they do best with brick and mortar distribution centers worldwide.
Submitted April 17, 2019 at 06:16AM by medical_bacon2 http://bit.ly/2Uo11SE
