Is Disney the Next Studio to Move Into Streaming Content?
Bob Iger, Disney’s (NYSE:DIS) chairman and chief executive, says that the studio might create content specifically for Netflix (NASDAQ:NFLX), Amazon (NASDAQ:AMZN), or other similar online-streaming providers in the near future, in what amounts to another signal that the largest studios are increasingly focusing on finding ways to succeed in the new home-entertainment landscape.
The Disney CEO made the comments in a television interview on Fox Business Network Tuesday when asked about the future of Disney’s entertainment content now that platforms such as Netflix and Amazon are becoming increasingly ubiquitous in use. Iger hinted that content created for the specific online platforms could come from a variety of Disney’s most popular assets, including Lucasfilm, Marvel, Pixar, or ESPN.
“I wouldn’t be surprised if, sometime in the near future, you didn’t hear about Disney making content specifically for one of the platforms you cite and not necessarily making it for one of our channels,” Iger said. ”Now, we will continue to feed these great (Disney-owned) channels, but these new platforms are voracious in terms of their appetite for good content, and we can make it.”