My only concern is that there is already a ridiculous amount of streaming services out there right now, we don't need more to add to the pile. I like having everything in a single place for easy access.
It was bound to happen, just like it did with music streaming, tv was next and film perhaps down the road. Now Disney didn't really make their own from scratch they just bought out the MLB streaming service, as a source for their content. I can't say it's surprising considering that I have several of the major streaming services (much cheaper than Cable really), and Disney in particular has been very bad about updating shows or allowing new content. Opting to keep people interested by giving content that was new maybe 2-3 years ago. So to me I thought it was a matter of time before Disney either went exclusive like they tend to do, or establish a singular partnership with one service (which is still exclusive but not just Disney).
The bigger issue I have is there has been no talk or suggestion of what is to become of Marvel and Star Wars. Which many are also probably concerned about, because that would mean a big loss of newer netflix content, but also from other streaming services.
I'm not a massive Disney fan, since I'm not longer a kid, but I do have kids and they are obvious fans. So I easily can see the complaint of one too many streaming services. However, I feel the safety net is that if everyone does this, people will pick and choose who to buy and other groups will die out where they would have lived on with Cable/Satellite. Sure Disney can make it work because they're not like other studios, but I also think if the pricing is off and if the content isn't steady or more frequent then cable it will lose money.
In related news Netflix recently bought Mark Millar's comics company so either they're not short of cash or are heavily in debt, no one I've read on the net seems to know.
I would have to think they're not heavily in debt, since them, hulu, and amazon all seem to have the funds to produce and distribute their own tv shows and movies with well known A-list actors.