Is Streaming Too Good of a Deal Right Now?

It's too early to make the call that programmers will reduce their investment in streaming. Netflix and Disney are leaders in both hours of viewing per month and also the value the consumer gets in terms of dollars that they pay per hour of viewing each month. The other important market cure is mergers. We think that there's a good chance that there'll be two significant media mergers over the next couple of years That reduced the number of premium competitors from eight or nine to five or six.