Disney’s share price soared as customers signed up in their millions – but as costs rise, it will be a struggle for all players to survive in the crowded streaming universe
Disney’s eagerly anticipated entry into the streaming wars last week proved that the days of Netflix’s virtual global monopoly are well and truly over. Backed by a stellar library of content, from the Marvel and Pixar films to the $100m live-action Star Wars series The Mandalorian, Disney+ attracted 10 million customers on day one.