Why Disney+ is the only service that can rival Netflix

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a Disney logo forms part of a menu for the Disney Plus movie and entertainment streaming service on a computer screen in Walpole, Mass., Wednesday, Nov. 13, 2019. Disney Plus says it hit more than 10 million sign-ups on its first day of launch, far exceeding expectations. (AP Photo/Steven Senne)
Disney Plus says it hit more than 10 million sign-ups on its first day of launch, far exceeding expectations. (AP Photo/Steven Senne)

Disney+ has been available since Nov. 12, and in addition to accumulating 10 million subscribers in its first day, the service's first big original show, "The Mandalorian," is already garnering positive reviews.

I was skeptical of Disney+ (DIS) at first. But after digging through the service's immense catalogue, I realized that at this point, the streaming wars will come down to a two-horse race between Disney and Netflix thanks to their relatively low cost and huge libraries.

The new Disney+ service costs just $6.99, while Netflix (NFLX) is only $8.99 for the cheapest plan — that’s compared to $14.99 for HBO’s (T) new streaming service and $11.99 for ad-free Hulu. Apple TV+ (AAPL) is just $4.99 per month but has an extremely limited library.

For streaming services a low price means nothing without a solid content library, and of the group, Disney and Netflix have the market cornered. Hulu gives you access to a number of new network shows, and has a handful of well-regarded originals including "The Handmaid's Tale," and Amazon has seen success with "The Boys," but neither is as large as Netflix.

Apple TV+ is easily the least expensive streaming option, but Hulu and Disney aren't far behind. (Image: David Foster)
Apple TV+ is easily the least expensive streaming option, but Hulu and Disney aren't far behind. (Image: David Foster)

According to eMarketer, Netflix captures 87% of the streaming capable homes with Amazon reaching 52.9%, and Hulu getting 41.5%. Disney+, however, could collect even more than Amazon or Hulu thanks to its huge volume of well-known franchises. (Though none of the streaming services release the exact number of TV shows and movies available to stream.)

Disney+'s catalogue is massive and full of deep cuts

When Disney+ was first announced, people focused on the ability to stream "Star Wars," Marvel movies, and "The Simpsons," in addition to the dizzying array of Disney Classics movies. But the service has so much more than that.

Not only are there a huge number of Disney Channel shows and movies, but there’s also an incredible amount of content that’s sure to stoke feelings of nostalgia for millennials, such as "Boy Meets World," something I watched way too much during my first weekend with the service.

In fact, nostalgia is certain to play a key role in keeping users on Disney+. Shows like the "X-Men" series from the ‘90s, "Gargoyles," and others will give older subscribers plenty of reasons to stick around.

Then there are the hundreds of movies, both new and old, available to stream. We're talking about everything from "Avengers: Endgame" to "The Sandlot" and "Escape to Witch Mountain."

Heck, my wife and I spent about a half hour simply scrolling through the movie and series lists, picking out the various offerings we wanted to go back and watch later. For $6.99 a month, it's easily worth the price of admission.

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