Disney is set to dominate Netflix in the battle to be ‘the world’s leading content company’ (DIS) | Markets Insider

Move over NetflixDisney is poised to dominate as “arguably the world’s leading content company,” an RBC Capital Markets analyst says.

With the 21st Century Fox deal awaiting regulatory approval, the tie-up, which includes video-streaming service Hulu, could result in Disney spending roughly $30 billion annually on content, RBC’s Steven Cahall estimates. This will put the company “in a league of its own,” he said.

By comparison, Netflix plans to spend anywhere from $8 billion on new and original content in 2018, in addition to marketing.

Source: Disney is set to dominate Netflix in the battle to be ‘the world’s leading content company’ (DIS) | Markets Insider

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