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Entertainment & Sports

Jan. 2, 2019

For netstreaming dealmakers, war is good for something

With media goliaths Disney and Warner poised to join the fray later this year, the already fierce war for market supremacy in the streaming service industry is all but guaranteed to heat up.

For netstreaming dealmakers, war is good for something
Warner Media CEO John Stankey, left, spoke in 2017 with then chief executive Jeffrey Bewkes of Time Warner in New York. Warner media is slated to launch a streaming platform this year, featuring shows from premium cable network HBO and backed by the combined libraries of Warner and AT&T Inc., following their planned merger.

With media goliaths Disney and Warner poised to join the fray later this year, the already fierce war for market supremacy in the streaming service industry is all but guaranteed to heat up. And for the dealmakers, regardless of outcome, war is good.

For the better part of the industry’s existence, Netflix Inc. has topped the subscriber field, with its mainstay competitors Hulu LLC and Amazon.com Inc.’s Prime Video vying for second a...

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