Netflix changed the entertainment world when it began to offer streaming content services in 2007. This previously underestimated company significantly impacted how viewers consume content, driving a multitude of other companies to revamp the way they offer content to their customers. We continue to see a disaggregation of bundled content from cable providers, as consumers cut the cord and instead opt for individual streaming service plans.
And yet, consumers are only going to subscribe to a limited number of these services, given their interests, pay points and available time. I think we will quickly see more bundling of streaming services, as Disney is doing, with clear winners and losers emerging in the next one to three years. This battle for streaming supremacy will be a thrilling show to watch.