Netflix is now worth more than Disney and Comcast - News Summed Up

Netflix is now worth more than Disney and Comcast


The streaming company is now worth more than Disney and Comcast. Shares of Netflix (NFLX) were up Thursday even as Disney (DIS), Comcast (CMCSA) and the broader market fell. But that hasn't hurt Netflix yet, despite the fact that Netflix airs many shows based on Disney-owned Marvel comic book characters. Competition from Hulu -- the streaming service backed by Disney, Fox and CNN parent company Time Warner -- hasn't really dented Netflix's growth either. In fact, Netflix is now worth more than every traditional media company.


Source: CNN May 24, 2018 15:35 UTC



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