Netflix CEO Says Apple TV+ and Disney+ Will Create 'A Whole New World' of 'Tough Competition'

Netflix CEO Reed Hastings recently discussed what he thinks about the upcoming launch of new rivals Apple TV+ and Disney+, as well as Netflix's plans to retain subscriber interest after their launches (via Variety). According to Hastings, "it's a whole new world starting in November," referring to the November 1 launch of ‌Apple TV‌+ and November 12 launch of Disney+.


The CEO said that it will be "tough competition" for Netflix, but the company will continue on course with its core strategy of offering bingeable TV shows and movies. This means that Netflix isn't planning on trialing drastically different content types, like Amazon Prime Video is with live sports, or experimenting with different release models.
“While we’ve been competing with many people in the last decade, it’s a whole new world starting in November…between Apple launching and Disney launching, and of course Amazon’s ramping up,” said Hastings, who also cited NBCUniversal’s coming Peacock service. “It’ll be tough competition. Direct-to-consumer [customers] will have a lot of choice.”
There are now numerous standalone streaming services that vie for customer attention, including Netflix, Hulu, Amazon Prime Video, HBO Now, the upcoming HBO Max, CBS All Access, the upcoming NBC Peacock, Shudder, and many more.

‌Apple TV‌+ will launch November 1 with a handful of exclusive TV shows, including "The Morning Show," "Dickinson," "See," and "For All Mankind." Apple is making the service free for a full year for anyone who purchases an iPhone, iPad, ‌Apple TV‌, iPod Touch, or Mac. ‌Apple TV‌+ will cost $4.99/month otherwise.

Disney+ will launch November 12 with a huge back catalog of Disney films and tv shows, divided among the company's major brands: Disney, Pixar, Marvel, Star Wars, and National Geographic. To entice early adopters, Disney even offered a sign-up deal that got you three years of the streaming service for the price of two. This brought the price of the service to just under $4/month, compared to its $6.99/month regular price tag.

Amid the emergence of so many new streaming services, Hastings pointed out that production costs for streaming-based TV shows would rise, thanks to companies like Apple and Disney now also purchasing valuable production space in highly sought after areas. According to Hastings, "Someday 'The Crown' will look like a bargain," referring to its popular historical drama series that might not be the most expensive show ever made, but is among the most expensive to be produced by Netflix.

Top Rated Comments

(View all)
Avatar
11 weeks ago
Um, yeah. I'm canceling my Netflix subscription as soon as I sign up for Disney+.
Rating: 11 Votes
Avatar
11 weeks ago
Hey Netflix, with these new threats to your business, now would be a really good time to stop imposing unremovable ratings banners, forced-minimisation of content as soon as the credits start and the super-irritating video previews of content when browsing that you can't turn off.
Rating: 10 Votes
Avatar
11 weeks ago


According to Hastings, "it's a whole new world starting in November,"

Interesting choice of words, Mr. Hastings.

Rating: 8 Votes
Avatar
11 weeks ago
Well one way to compete is to have better integration with Apple TV. How come I can’t continue watching Netflix from Apple TV home screen like I can Hulu and other streaming services? Get it together Mr. Hastings!
Rating: 5 Votes
Avatar
11 weeks ago
This is great. This will only bring higher-quality content.

Although the annoyance and confusion of having several subscriptions is a bummer.
Rating: 5 Votes
Avatar
11 weeks ago
I'm definitely signing up for Disney+ (already signed up for the 3 year deal), but AppleTV+ content looks super un-interesting to me and is not swaying me at all. My ideal package is currently Amazon Prime, Netflix, HBO, and Disney+ for ~$40

I think Disney+ is much bigger competition than AppleTV+ as of now
Rating: 4 Votes
Avatar
11 weeks ago
Great, lets bring DOWN that monthly price Netflix...
Rating: 4 Votes
Avatar
11 weeks ago
Disney+ will most certainly be competition. I doubt they're worried about Apple.
Rating: 3 Votes
Avatar
11 weeks ago
I already cancelled my Netflix subscription; the continual price hikes just aren’t worth it. With the savings from that alone I can give Apple TV+ and Disney+ a try.

By being twice as expensive as everyone else they make the tough competition all by themselves
Rating: 3 Votes
Avatar
11 weeks ago


Not trolling or being rude, but this sounds like a single person. Don’t have to make choices like this with a significant other at home.


Agreed. This definitely doesn’t work for a family of four. Hell, the streaming services make most of the money off us based on the time we spend surfing through the content for an hour before we give up on movie night and settle on watching yet another episode of Bobs Burgers.
Rating: 2 Votes
[ Read All Comments ]