[Horizon]

Exactly right muppetman, but I don't see there being many streamers though. And it's not my scenario, it's what the media companies are opening talking about now.

Take Germany as but one example, Disney and RTL have their joint venture channel called Super RTL, basically the Disney channel in all but name. How can that channel survive when Disney's global streamer launches? Replicate that across the world. It will be a bloodbath.

It's this exact reason why the old Hollywood companies have been reluctant to step too deeply into streaming, as it will close off major sources of revenue for them with no guarantee of success with their streaming services. But they have no choice. Netflix has turned everything upside down and the media companies either compete and copy Netflix, or die.