(Reuters) – Walt Disney Co’s (DIS.N) shares fell 5 percent on Wednesday to their lowest in eight months as investors doubted whether the world’s biggest entertainment company can succeed with its plan to launch its own streaming services rather than rely on Netflix Inc (NFLX.O) to reach online viewers.Disney announced its plans on Tuesday alongside quarterly results showing further subscription losses as it struggles to keep hold of viewers defecting to online streaming services offered by Netflix, Time Warner Inc’s (TWX.N) HBO and others.Under its plan, Disney will stop providing new movies to Netflix starting in 2019, a deal analysts at RBC Capital Markets estimate earns Disney more than $100 million a year. Some on Wall Street have doubts that Disney can easily replicate that revenue stream.
Källa: Disney’s stock dips as streaming push unnerves some investors
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