There’s no doubt that online streaming and On-Demand Television is
competing with traditional TV. The convenience of being able to watch what
you want, when you want is attracting more and more consumers as the years
go by.
We’re fortunate to have a range of online streaming options from Neftlix to
Amazon Prime to BBC iPlayer, among others. Netflix is currently leading the
race with 170 million subscribers currently, where Amazon Prime is producing
Amazon originals and options to buy and rent, as an alternative
Disney announced towards the back-end of 2019 that they would be launching
Disney+. Disney+, like Netflix, is an online streaming platform containing
content such as classic films and shows at a service charge each month. The
announcement produced much excitement from not only Disney fans, but the
online streaming industry. Could this be the platform that really challenges
Netflix?
Walt Disney said about 28.6 million users have subscribed to the service since
its launch. The service is available in five countries including the US, Canada,
and China. The service is due to be launched in the UK in March 2020.
With Disney+ set to provide hours of content to consumers, there certainly
won’t be a lack of online streaming options.