Using this link: https://www.economist.com/podcasts/2019/11/12/disney-and-the-battle-of-the-streaming-services

Recall the predictions for what positive profits in the short-run mean for entry and exit in the long-run. Given the rise of the dominance of streaming services as a form of entertainment, what would we expect to happen to the number of entrants to the market? Perfect competition has predictions for how profitable a market with free entry will be in the long-run, but these are also based on some strong assumptions. How closely do you think the streaming market resembles perfect competition and do you think that the market will end up in the perfectly competitive market equilibrium (i.e. many firms and low profits)? Why or why not?