Netflix Missteps Miserably in the Streaming War With Disney.

The streaming service originally had a significant competitive advantage over its rivals, but that is no longer the case as the business keeps taking the wrong decisions.

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When every firm established its own streaming service, raising the price of or removing access to older episodes, Netflix shifted to prestigious original material.

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Having material that people wanted to watch is how Netflix got started. That was the same strategy employed by Walt Disney (DIS) to introduce its Disney+ streaming service.

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Disney has the strongest portfolio of intellectual property (IP) of any corporation, which is why Disney+ became popular right away.

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A more affordable ad-supported price option was just added by Netflix. The business made that significant change in order to reverse the post-pandemic decline in consumer base.

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What the streaming juggernaut is missing is that, for $19.99 per month, it's a steal if it offers popular series that people want to watch, but at $6.99 if it doesn't, it's a rip-off.

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Disney's streaming strategy is primarily based on streaming a new episode of one major event show each week.Due of this, the company was able to increase the price of

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its service in addition to creating the second-largest streaming service in less than three years.Although Netflix believes it has a pricing issue, the real issue is with its content.

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It doesn't have enough popular series, and when it does, it releases all of the seasons at once.

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That destroys the PR cycle and prevents people from discussing the show with their friends.

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