I was happy to hear the announcement yesterday by Disney (DIS). Their steaming service will clearly give Netflix a run for their money. I also like the little undercut in price which should incentivize consumers to get on board. I love the smell of competition.
Companies absolutely love the subscription model. First, they hook you on to their product. Next, after there isn’t enough growth in subscribers, they increase their subscription rate. I’ve seen this played out many times in the recent past in several industries. It is akin to the guy on the
