Does Apple TV+ Pose a Threat to Disney and Netflix?

Apple will offer Apple TV+ for $4.99 per month. This news sent Netflix (NFLX) and Disney's (DIS) stock prices down 2.16% and 2.19%, respectively.

source https://finance.yahoo.com/m/373952e1-bb15-341f-8ab5-15311ea3d988/does-apple-tv%2B-pose-a-threat.html?.tsrc=rss

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