Walt Disney Co.Chairman and Chief Executive Robert Iger said he likes what he sees from Netflix, but added that he thinks it will be hard for the streaming video service to "corner the market."
"No question Netflix has a running start," said Iger, speaking at Goldman Sachs' Communacopia Conference in New York on Tuesday. "I don't think the game is over though. The technology has created the most dynamic media space that we've ever seen."
Burbank-based Disney, the world's largest entertainment company, and Los Gatos, Calif.-based Netflix inked a licensing deal late last year.
Iger praised the company, noting that Netflix has paid strong prices for Disney's intellectual property, but said that his company would continue to look at other platforms in the video-on-demand space.
"While I think it would be appropriate to declare Netflix victorious in some form, I don’t think it would be right to say they are going to be the only game in town and that they are going to be the only game in town forever. There are already new entrants in the marketplace.”