Strome Business Minute With Dr. Jeff Tanner

Disney signed up 10 million customers for its new streaming service, Disney Plus, on the first day. Home to the Star Wars series Mandalorian and the Marvel series, the channel is off to a great start. The question for investors is whether a highly-fragmented streaming market is sustainable. Imagine no cable TV or Netflix or Hulu that carries the most desired channels. Want sports? You have to subscribe, not to ESPN, but to the NFL channel, the MLB channel, and so forth. Each college conference could have its own channel. That extreme situation is unlikely. Disney and a few others might create premium content channels but whether they can generate enough premium content to sustain an audience over time is questionable.