Walt Disney Co (NYSE:DIS) is approaching a critical point in its TV business. DIS is going to have to make a decision soon about how to proceed in the TV business. If it doesn’t, it will risk losing its market share in the space to over-the-top and/or streaming service providers and Walt Disney stock could take a plunge as a result.
The traditional cable TV model is dying a slow death. In its place, streaming services like those provided by Netflix, Inc.(NASDAQ:NFLX) and Amazon.com, Inc.(NASDAQ:AMZN) are taking over.
In addition, over-the-top TV providers such as Sling TV by DISH Network Corp (NASDAQ:DISH) and PlayStation Vue by Sony Corp (ADR) (NYSE:SNE) provide cheap streaming alternatives to live cable TV.
The OTT competition is getting more crowded by the day. Just this week, AT&T Inc. (NYSE:T) launched its new DirecTV Now service. All of these “skinny” streaming TV bundles are much cheaper than traditional cable. They are also much more convenient to view on connected devices other than TVs.
At this point, there are few realistic options for DIS stock if it doesn’t want to go down with the cable TV ship. Here’s a look at some of the best options for Walt Disney stock’s long-term survival.
DIS Can Build Its Own Steaming Service
The strongest evidence that DIS could be considering a ground-up approach is…
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