You're arguing different points now. At face value Disney Plus shook the market of the streaming wars, read any article, check the Disney stock price pop, and the Netflix stock price drop because their future looks uncertain since Disney Plus stepped into the ring. Even the CEO of Netflix has made comments on Disney Plus which effected its outlook to investors and analysts, that I would call disruptive.
The prices today matter. I've had Netflix since 2008 and I don't remember it ever being $6.99. I believe I paid $7.99 for the unlimited streaming service plus $2 or $3 more for DVDs and the best content was by mail. But the comparable price for what Disney Plus offers at $6.99 to Netflix today would be their premium service at over $17 after tax for 4K with 4 screens. Nearly triple the price of Disney Plus for less demanded content.
The price will of course chang, as does the world, but the initial price point wasn't to beg people to sign up. No other company in the history of film making is as successful as Disney and its properties. Check all the top movies of the past few decades and you'll see that people flock to see the content thats under the Disney umbrella. Plus the price increases we have seen at Netflix is due to their need to produce more original content since for the longest they've just been the middle man. That's not the case for Disney as this is just one page in the huge catalog it offers to the consumer, the main part being the Parks, Experiences and Products sector. The Fox acquisition further bolstered its position. I have literally only watched the Simpsons on Disney Plus since I've signed up and the amount of old and new content is well worth it.
Netflix's model isn't sustainable since all the major content providers are leaving to create their own applications. Its hemorrhaging money for original content but nothing they could ever make will generate the buzz or money like Star Wars, Marvel, Pixar, Disney Animation or NBC Universal. Some of the most watched content on Netflix is not their own even though they tried to skew their investors with their top 10 most watched list which was misleading.
Disney is no run of the mill competitor, it literally created entire industries since its inception and has been doing it for nearly an entire century.
The first day subscriber count (which was mainly US and Canada since other markets open further in the future) exceeded expectations which included free trials so that point is discarded. Mind you 10 million subscribers was the forecast for the first YEAR!
So it barely being 10% of Netflix's total worldwide subscriber count is discarded, that wasn't the goal. Netlfix inly has 60 million US subscribers and we can debate how many of current the 16 million Disney Plus subscribers are from the US.
Your point on Netflix subscribers needing to cancel is discarded as well since most people have already stated they don't plan to cancel Netflix for Disney plus, a point Disney knew which is another reason why it was priced competitively.
The next report on Disney Plus won't be until the spring so you have no evidence to say a "decent chunk dropped the service" after the trial. Here's evidence of the contrary which isn't giving a total number of paying customers either:
New data show the new app is getting a lot of downloads
www.deseret.com
Disney originally estimated 60-90 million subscribers worldwide by 2024 and that number is forecasted to be met if not easily exceeded, it doesn't need to surpass Netflix. This is just a side game for Disney which has disrupted Netflix's primary service.
Lol Now you're backtracking on your own point when I gave you a fair comparison to Disney Plus? Define what "it's not going to make much of a dent in the existing mid engine a market" means?
The base model C8 won't challenge supercars on terms of quality but it does in regards to performance. The 0-60 is impressive. So impressive that you have to more than double the price of the C8 to find a car that comes close. People who can afford Lambos, Ferraris, Maseratis, McLaren etc will continue to buy those vehicles. You don't have to take away consumers from another product to be deemed a game changer. But I predict it will make a dent in the mid engine market in regards to number of units on the road. There will easily be more C8 Corvettes on the road than McLarens, Ferraris, and Lambos combined simply based on previous production numbers.
The entire car industry was talking about the new Corvette after its presentation so to say it didn't disrupt or challenge what we expect from a car design of that magnitude is quite absurd. We have yet to see the extremes of the higher level trim Corvettes which look even more menacing. Rumors of an all wheel drive 900hp twin turbo flat plane crank V8 with electric front engine for probably less than $200k is more than disruptive.