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Fortune
Fortune
Aden Ikram

The real streaming wars are not between Netflix and Disney. Asian smart TV makers and Silicon Valley are vying to capture your living room–and upend legacy media

(Credit: Getty Images)

“It appears you’ve won the streaming wars!” shrieks an animated character on South Park. Like most of us, he thinks there’s a zero-sum battle between Netflix, Disney+, and others. Except streamers aren’t mutually exclusive. You can subscribe to as many as you want.  In fact, the average U.S. household already subscribes to an extraordinary 5.2 video streamers, a stunning 400% jump from just a few years ago.

Fake wars are somewhat of a tradition in Hollywood. Decades ago, the “TV Wars” pitted the first three TV networks against each other. Not only did they all survive, but they also thrived and multiplied into a whopping explosion of over 200 TV channels. Today, with a surge of more than 100 hundred streamer Apps and counting, streamers are following their TV network ancestors’ trajectory.  It’s not a streaming war: It's a streaming tsunami–and the tidal wave is colossal.  

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