Disney Shares Jump 2% After Revealing Cheaper Streaming Service 📈
Disney's stock surged 2% on November 10th following the announcement of a more affordable streaming platform, potentially challenging Netflix's dominance.
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Disney shares rose by 2% Friday, November 10th, after they announced that their upcoming streaming service will cost less than Netflix currently does. Disney CEO Bob Iger explained why they will have a lower price. He stated, “That is in part reflective of the fact that it will have substantially less volume. It'll have a lot of high quality because of the brands and the franchises that will be on it that we've talked about.
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Nov 12, 2017
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