Last April, I posted about the great advantages that Disney would have by squaring up in the streaming space (The Magic Kingdom). I added to my position at that time and added some more during this March's rout.
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.