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Iger eats his words as “robust” and “scalable” Disney+ crashes

Arguably the most credible competition to ever go up against Netflix arrived this week in North America with Disney+ and – as Faultline correctly predicted – the launch wasn’t all smooth sailing. Technical issues plagued the launch just two hours in as the floodgates opened to some 10 million sign ups. “With Disney prematurely boasting how its forthcoming OTT video service is ready for anything the world can throw at it, you can almost guarantee that launch day will be a disaster,” wrote an opening gambit from an August article. But as the company’s financial results filed late last week showed, the streaming service has a mountain to climb before it can be considered anything other than a cash guzzler.…

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