Michael Beach, Cross Screen Media CEO, comments on Netflix’s biggest threat in a recent Observer interview. Read the full article here.
“‘The question is how long it takes Disney+ to get there,’ Michael Beach, CEO of Cross Screen Media, told Observer. ‘Netflix is paying them $300 million annually for content. How does Disney make up that revenue? It’s going to take a few years to balance the new costs of the streamer plus that loss of revenue.’”