Disney Following Netflix's Footsteps Out Of App Stores? Bob Iger Demands Better Deals From Apple, Google
Portfolio Pulse from Benzinga Neuro
Disney CEO Bob Iger has expressed dissatisfaction with the current revenue-sharing model with major tech companies like Apple and Google. Iger's comments suggest Disney might follow Netflix's example and move away from third-party app stores, which could impact Apple and Google's revenue from Disney's streaming services.
May 17, 2024 | 11:10 am
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POSITIVE IMPACT
Disney CEO Bob Iger is considering changing the company's distribution model for its streaming services, potentially moving away from third-party app stores like Apple and Google. This could improve Disney's margins and reduce costs.
If Disney moves away from third-party app stores, it could retain a larger share of its revenue, improving its margins. This strategic shift could positively impact Disney's financial performance in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Disney's potential move away from third-party app stores could reduce Apple's revenue from Disney's streaming services. Apple currently charges a 15% fee for signups made within Apple-distributed apps.
Apple could see a reduction in revenue from Disney's streaming services if Disney decides to move away from third-party app stores. This could negatively impact Apple's financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Disney's potential move away from third-party app stores could reduce Google's revenue from Disney's streaming services. This could have a negative impact on Google's financial performance.
Google could see a reduction in revenue from Disney's streaming services if Disney decides to move away from third-party app stores. This could negatively impact Google's financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80