On the 12th of November 2019, Disney is launching its streaming platform Disney+ which is set to compete with Netflix
Netflix has been the king of streaming for years with the only competitor being Hulu, which is 60% owned by Disney, and Amazon Prime. Now Apple is entering this space with Apple TV+ and Disney with Disney+.
Disney has the advantage that it has been producing great content for over a century. Apple and Amazon has cash to spend while Netflix is still losing money.