Why Disney Wants to Buy 21st Century Fox
Last summer, the Walt Disney Company decided to remove its content from the Netflix platform, in order to deliver its films and TV shows to viewers via its own streaming service. In the face of declining revenues and shrinking audiences, the company judged that regaining control of its lucrative back catalog was the best way to boost its bottom line. Online streaming: watch what you want, when you want Customers increasingly prefer to watch movies and TV shows on online platforms, because subscription charges for cable channels have become far more expensive in recent years. The other main advantage of streaming platforms is that customers can watch content whenever they want, on any device. According to Statista figures, in the … Read more