Netflix (NFLX) has achieved multiple years of strong revenue and subscriber growth. Now, the company will face new competition from Disney's (DIS) new streaming service, called Disney+, which is set to launch in late 2019. I will explain why I don't think the new Disney streaming business will significantly impact Netflix's business.
I will also take a look at the investment outlook for both companies. Frankly, I don't think this is a winner take all situation. Consumers will purchase subscriptions for the content that their families enjoy the most.
Read Entire Article here: https://seekingalpha.com/article/4249085-netflix-disney-threat



Comments
Log in or sign up to join the conversation.