For the past few months, the modern world has witnessed TV providers battle it out for the exclusive streaming rights for consumer-favorite shows such as Seinfeld, Friends, The Big Bang Theory, The Office and South Park.
On Nov. 12, Disney took the industry by storm with the release of its Disney+ streaming platform, which attracted over 10 million subscribers within 24 hours. This has called into question the continued viability of other streaming platforms, such as Netflix (NASDAQ:NFLX), who recently announced its partnership with Nickelodeon in an effort to compete with Disney+. The new streaming service has forced competitors and programming distributors to come up with new advancements, fast.