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News: New Media

Variety - Disney CEO: Netflix Will Not Be Able to Corner Internet Video Market

Tuesday, September 24, 2013   (0 Comments)
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Despite a deal in December of 2012 in which Netflix will pay Disney $200 million to $300 million annually for streaming rights, Disney CEO Bob Iger's survey of the marketplace suggests that Netflix's role as the predominant online video service platform is far from secure in the face of increasing competition.


"[Bob] Iger, speaking Tuesday at Goldman Sachs’ Communacopia conference in New York, said Netflix will face other challengers in the subscription video-on-demand space with varied windowing and packaging."

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