Why Investing in Netflix Instead of Disney Makes Sense
Sunday, 31 March 2024, 14:00
Forget Disney: Buy and Hold This Magnificent Streaming Stock Instead
The entertainment powerhouse is still struggling to find solid footing with its streaming operations. There's really no debate about it: Walt Disney is one of the most dominant media and entertainment businesses on the face of the planet. It has a history spanning nearly 100 years, one full of fantastic storytelling and memorable experiences.
The House of Mouse and Netflix Subscriber Growth
- Disney+ counted 111.3 million subscribers by Dec. 30, 2023.
- Netflix has 260.3 million subscribers and added 29.5 million new customers in 2023.
Netflix Pricing Power and Profitability
- Netflix increased prices and gained 2.8 million new users in the U.S., showing its pricing power.
- Disney's DTC operations posted a $138 million operating loss, emphasizing Netflix's profitability over Disney.
Netflix stands out as the better streaming stock choice over Disney, with its strong subscriber growth, pricing power, and profitability in the industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.