Walt Disney Co’s quarterly results show a path for signing up a quarter of a billion subscribers: international expansion. But investors are now asking, at what cost?
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Walt Disney Co Africa has reached an agreement to distribute Disney+, its Internet streaming service, on MultiChoice Group’s DStv set-top boxes.
Walt Disney Co has announced the launch price and date of the Disney+ streaming service in South Africa.
A senior Netflix executive said the company had no current plans to offer a streaming option that included advertising but declined to rule it out in the future.
The strong subscriber additions by Disney+ in the latest quarter helped Walt Disney Co’s flagship streaming service close the gap with market leader Netflix.
Walt Disney Co’s Disney+ subscriber growth has restored faith in the future of streaming video, lifting shares 8% after hours on Wednesday.
Netflix’s global subscriber rolls crossed 200 million at the end of 2020 and the company projected it will no longer need to borrow billions of dollars to finance its broad slate of TV shows and movies.
MultiChoice Group has expanded its repertoire with an agreement to buy a 20% stake in Africa-focused sports-betting platform BetKing for as much as R1.8-billion.
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.
21st Century Fox has accepted a sweetened, $71.3-billion bid from Walt Disney Co for its entertainment assets, outbidding Comcast in a battle for one of the media industry’s biggest prizes. The $38/share price is about