How streaming wars between Disney, Netflix, others, will change television

For decades, the cable bundle has been the center of the media and television universe. Next year, the focus will change fundamentally – perhaps for good. Apple, Disney, Comcast's NBCUniversal and AT & T's WarnerMedia will all launch streaming video services to compete with Netflix, Hulu and Amazon Prime Video.

The ever-increasing cost of cable bundles and the rich valuation of Netflix have pushed the largest media companies to begin focusing on a new distribution model directly to the consumer. But it may be that there is not enough money in the pockets of consumers to make each new power service successful. Welcome to the "streaming wars": the last fight for your entertainment dollars.

Watch the video to learn more.

Disclosure: Comcast owns NBCUniversal, the parent company of NBC and CNBC.