CEO of Netflix Praises Disney+
CEO OF NETFLIX PRAISES DISNEY+ (Photo Credit: DisneyPlus.com)
According to an article from CNBC.com, Netflix CEO Reed Hastings has a lot of good things to say about Disney+. Specifically, about the platform’s ability to “disrupt itself.” Hastings shared his thoughts during the first-quarter earnings conference call at Netflix:
“Over 20 years of watching different businesses — incumbents like Blockbuster and Walmart and all these companies — I’ve never seen such a good execution of the incumbent learning the new way and mastering it.”
CEO of Netflix Understands What it Means to Succeed in the Streaming World
Disney+ was launched less than 6 months ago and has taken the streaming world by storm. With around 50 million subscribers, the streaming platform has proven that it is something to take seriously.
“To see both the execution and the numbers line up, my hat’s off to them…Great execution, clarity around brand, and focus really makes a difference.” Stated Hastings.
This is high praise from a media giant who has dominated the streaming world since 2007. Disney+ possesses an extensive library of classic Disney films, as well as Marvel, Star Wars, Pixar, and National Geographic content.
This gives Disney fans an exciting way to revisit older Disney content, as well as some of the newer Disney+ original content. The Disney+ price point makes them highly competitive with other streaming platforms at $6.99/month.
Over time, Disney+ can be expected to roll out even more original content, which has proven to be a success thus far. The Mandalorian was a successful hit last fall, at one point holding the title of most in-demand TV show in the world.
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