Walt Disney Co is pricing a new bundle of streaming services at a surprisingly low $12.99/month, challenging Netflix with a package that includes family programming, live sports and a deep library of television shows.
ITV and the British Broadcasting Corporation have reached an agreement on a UK streaming venture, as they seek to respond to the incursion from digital rivals including Netflix.
Netflix shocked investors by reporting a drop in US customers and much slower growth internationally, raising fears that the streaming giant is losing momentum just as competitors prepare to pounce.
The television network giants went through ratings hell. It’s time for Netflix’s own version of that.
The decline in the number of subscribers to DStv Premium accelerated slightly in the year to March 2019 and MultiChoice is actively looking at ways to stem the erosion.