Disney Shares Hit All-Time High after Unveiling its Streaming Service

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Additionally,” he stressed that entertainment giant has an extraordinary opportunity to monetize its streaming service more effectively. He cited the reason that Disney knows its consumers and it has a direct relationship with them.

Furthermore, Iger said, “I’m pretty optimistic about the ability for this thing to work. Particularly when you make it accessible because of the content we’re putting on, because of the user interface and because of the price. So, I believe this is going to be successful.”