Netflix vs Blockbuster Revisited - Streamers Everywhere | 8
Business Wars
Audible
4.6 • 13.5K Ratings
🗓️ 22 May 2019
⏱️ 24 minutes
🧾️ Download transcript
Summary
It’s spring 2019, and the Mouse House is determined to challenge Netflix for streaming supremacy. Disney CEO Bob Iger draws gasps at an industry event when he announces the new Disney Plus streaming service will cost just seven bucks a month. Then the company drops another bombshell — it’s buying out Comcast’s stake in Hulu, the destination for edgy, adult fare, to expand its streaming empire. Now whatever content Disney makes, it’ll have a platform to host it.
But Disney isn’t the only company eyeing Netflix’s crown. Apple, Comcast, Viacom, and WarnerMedia are all sharpening their knives. In the battle for eyeballs, anyone could emerge the victor.
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Transcript
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| 0:00.0 | Hey, prime members, you can listen to business wars, add free on Amazon music. |
| 0:04.8 | Download the app today. |
| 0:14.7 | It is April 12, 2019. |
| 0:18.2 | In Burbank, California, dozens of journalists, Wall Street analysts and influencers are |
| 0:23.2 | packed inside a theater on the Walt Disney Company Studio Live. |
| 0:27.8 | The CEO Bob Eiger takes the stage. |
| 0:32.1 | He's run Disney for almost 14 years. |
| 0:35.6 | Eiger waited patiently through the 80s and early 90s until he got his chance to replace |
| 0:40.0 | the legendary Michael Eisner, as head of the company that's affectionately known in the |
| 0:44.2 | movie business as the Mouse House. |
| 0:49.5 | Eiger's deal-making skills have successfully turned Disney into the king of the Hollywood |
| 0:54.0 | jungle. |
| 0:55.6 | He started out with its library of family classics, and then Eiger went on a massive spending |
| 1:00.4 | spree. |
| 1:01.4 | First, Disney bought the animation studio Pixar. |
| 1:04.5 | Then, it bought Marvel, whose movies by themselves have grossed over $20 billion. |
| 1:11.6 | After that, Eiger bought the entire Star Wars franchise. |
| 1:16.0 | And in the spring of 2019, he capped it all off with the purchase of the movie and TV |
| 1:21.8 | studio 21st Century Fox in a $71 billion deal. |
| 1:27.8 | With all that blockbuster content under its control, Eiger's finally ready to take on |
| 1:33.1 | Netflix head to head. |
| 1:36.2 | There have been rumblings in questions about a standalone Disney streaming service for |
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