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Business Daily

Disney goes to war with Netflix

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 11 April 2019

⏱️ 18 minutes

🧾️ Download transcript

Summary

With Disney and Apple launching their streaming services to rival Netflix, will they struggle to get subscribers, when the market is getting increasingly saturated? Or will people just keep switching and cancelling subscriptions depending what shows are on offer? Presenter Regan Morris is also looking into whether the likes of Netflix have encouraged more diversity among writers and programme-makers who actually secure commissions. We hear from Connie Guglielmo, editor in chief of CNET News; Piya Sinha-Roy, senior writer Entertainment Weekly; Franklin Leonard, film executive who founded the Black List, a networking platform for screenwriters and film and TV professionals and Luke Bouma, founder of Cord Cutters News

PHOTO: Disney sign, COPYRIGHT: Getty Images

Transcript

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0:00.0

Hello and welcome to Business Daily from the BBC.

0:05.4

I'm Reagan Morris, and today we're in California talking about Netflix and Hulu and Amazon and Apple Plus and Disney Plus and the many other streaming services coming soon to an app store near you.

0:18.9

We're probably going to end up paying as much if not more than we

0:22.0

did for cable on this bundle of subscription services. For a lot of millennials, they didn't want

0:27.3

traditional cable. There was no use. They didn't want to pay so much money to not watch TV

0:31.6

half the times. And they're paying for music, paying for movies you're paying for TV now.

0:37.6

It's going to be difficult.

0:39.0

It is going to be difficult, especially if you have FOMO or fear of missing out.

0:45.2

For now, you can watch many Disney movies on Netflix, but not for long.

0:49.8

The House of Mouse is launching its own streaming service.

0:58.1

Music House of Mouse is launching its own streaming service. Who's the leader of the club that's made for you and me?

1:02.1

M-I-C, K-E-Y, M-O-U-I-C, and then there's Apple.

1:07.4

Slowing iPhone sales is driving the tech giant into new territory.

1:11.7

Apple TV Plus.

1:15.3

Much of Hollywood made the trip north to Silicon Valley last month as Apple hosted a star-studded

1:20.6

launch for its new services, including video streaming.

1:24.6

Because the Apple platform allows me to do what I do in a whole new way,

1:30.2

to take everything I've learned about connecting to people to the next level. Because they're

1:37.9

in a billion pockets, y'all, a billion pockets. That was Oprah Winfrey, the American Media Executive and Talk Show host at the Apple launch in Silicon Valley.

1:48.7

Oprah and other celebrities joined Apple CEO Tim Cook on stage.

1:52.9

What a fun morning.

1:57.2

And while the Apple launch was long on stars, Stephen Spielberg, Reese Witherspoon, Jennifer Aniston,

...

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