Did Netflix Just Say "Checkmate" to Disney? Why Investors Should Pay Attention to the Streamer's New Concept
NFLXNetflix(NFLX) The Motley Fool·2024-08-16 19:15

Netflix may have just beaten Disney at its own game.Two of the biggest media companies in the world are The Walt Disney Company and Netflix (NFLX 0.23%).For years, just mentioning the word "Disney" brought to mind the company's global theme park business. However, a few years ago Disney decided to branch out from its core businesses and compete with Netflix more directly.The company launched its own streaming service called Disney+, a move that forced Netflix's hand when it comes to creating enticing origin ...