To Battle Netflix, Disney Goes for the Big Remake: Itself

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To master streaming, can Disney transform from a company in which every movie and theme-park ride is produced to perfection to a nimble tech company?

LOS ANGELES—Walt Disney Co. rose to the top of Hollywood on the strength of its ability to pack movie theaters and theme parks. Now it is betting that to stay on top, it needs to come to you—by streaming entertainment directly to TVs and phones.

Disney is preparing to launch a service called Disney+ that will, for a monthly fee, stream new and old shows built around its most popular franchises. That means breaking off a lucrative relationship with Netflix Inc. and instead competing against the streaming powerhouse. On Thursday,...

 

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Disney has embedded themselves in the imagination of generations. Binge watching streams is only the beginning, wait until people are spending the majority of their lives inside VR. Disney is unstoppable.

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Maybe it's time for a tech company to produce perfection in their products?

Disney is really kicking butt. I would not count them out.

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