Disney Plus, the streaming service of Walt Disney, reached the 50 million-subscriber level last week. Disney predicted it would not hit that level until 2023. What experts cannot say is whether the rapid rise will harm larger rivals Amazon and Netflix. It will not be evident until those two companies report earnings. It is too early to tell how many Disney subscribers will stay with the service.
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Discussion Questions:
- What is competition?
- How do you think the competition between Netflix, Disney and Amazon impact you as a consumer?
- What is the difference between direct competition and indirect competition?
- Other than Amazon or Netflix, what other business might represent an example of direct competition to Disney’s streaming service? Who might represent an example of indirect competition?
- In your opinion, who will be the leading streaming service in terms of market share two years from now? Why?