Disney added 7.9 million new subscribers to its Disney Plus streaming service during the first three months of 2022, the company announced in its Q2 earnings report on Wednesday.
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Discussion Questions:
- What is competition?
- What is the difference between direct and indirect competition?
- Who might represent direct competition to Disney Plus and Netflix?
- Who might represent indirect competition?
- Do you think either company is concerned about indirect competition? Why or why not?
- Why do you think Disney Plus is adding new subscribers while Netflix is losing customers?
- Do you think this is a trend that will continue? Why or why not?
- What can Netflix do to turn things around? Be prepared to discuss your ideas in class.