If you want to know why Walt Disney (NYSE: DIS) is upping its streaming prices, it's not difficult to figure out. The thing is, while higher streaming prices might prompt some subscribers to grumble, the price increase is apt to prove more palatable than you might suspect. On the off chance you're reading this and aren't aware, the price of Disney+ and Hulu are about to go up.
Netflix (NASDAQ: NFLX) still stands above all the other streaming networks, with 220 million subscribers and $8 billion in revenue. While it tackles these issues from atop its precarious perch, there's a major drawback that it has compared to almost all of its competition -- and it makes owning Netflix stock look a bit risky right now. Let's walk back a few steps to see what led to this situation since Netflix didn't change, but the world has.
The Polygon (CRYPTO: MATIC) blockchain made a name for itself over the last few years thanks in part to Ethereum's (CRYPTO: ETH) rise. Polygon is a Layer 2 scaling solution for Ethereum. This means that Polygon helps make Ethereum more efficient, since Ethereum suffers from congestion and high traffic at times.