Walt Disney Co said demand for its much-anticipated streaming service, Disney+, was well above its expectations in a launch on Tuesday marred by complaints from users about glitches and connection problems. Disney+ is relying on its extensive library of movies and TV shows as well as a new slate of content to take on market-leader Netflix Inc and Apple TV+, Apple Inc’s newly launched streaming service. Shares of Disney were up 1.5%, while Netflix shares were down nearly 2%. …read more
Source:: Yahoo Finance
