Industry News

Netflix not-so-secretly wants to be Disney, but is it placing the right bets?

21 April, 2021

At times, the entertainment industry can feel as if it is trapped in a cyclical vortex of imitation and duplication. The back-and-forth dance of offensive strike and counter offensive begin to resemble a mimicry rather than a battle. Take Netflix and Disney.

The former charted a future course for the entire entertainment industry by spearheading Hollywood’s transition into direct-to-consumer business and revealing the generously long leash Wall Street rewards to such streaming endeavors. Disney, a multi-faceted conglomerate with brick-and-mortar operations as well as an expansive theatrical and media network business, realizes it needs to do the same and strips all of its content from Netflix in advance of launching its own service. Netflix builds its empire on the premise of providing something for everyone; Disney+ thrives because of its concentrated core of specifically tailored intellectual property.

Now, we’ve reached yet another revolution within the vortex that seems to reverse the direction of the spin. Netflix very well may now be trying to become a Disney doppelganger.

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