When Disney announced its new Disney+ streaming strategy that will riskily yank content from lucrative distribution deals with others, I asked a business-savvy friend if he thought the move made sense. His answer was unequivocal: 'I can't figure out what took them so long.'
Incumbents are by definition slow. Those who have much to protect do so. It also makes sense to wait a bit to see if this newfangled stuff truly works.