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Probably, Netflix does/did similar.

I can't anticipate what shenanigans may follow - ie: stream this for free with your Mega Deluxe Cable plan

The internet exchanges will see the value proposition for Disney, everyone will get squeezed.

If an exchange tries to squeeze it's participants they can just do a PNI or create their own. An exchange in it's simplest form is just a switch after all.

The exchanges would have favorable terms for rates on the intercontinental lines and such, no?

While I don't doubt Disney could get into the business (and may, they're ever-growing), I'm not sure it makes a lot of sense.

It may, but that's kind of what I was getting at RE: anticipation. I don't know the business well, and have never had Disney Money to play with!

They're the sole owners of their material, they could much more easily pass the costs along - perhaps arrange partnerships with local businesses, ala 'bundling'

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