Netflix Might Soon Be Worth More Than Disney [Variety]

Netflix Might Soon Be Worth More Than Disney [Variety]

By Todd Spangler

April 24, 2018 | Hollywood has been waiting to see when Netflix will downshift out of the fast lane — specifically, when it will stop burning tons of cash on an ever-expanding bonfire of original titles.

That day is not coming anytime soon. The streamer could soon be worth more than Disney, which once was rumored to be a suitor, as it rides investor excitement and continues to steamroll across the globe. The streamer’s market value was $138.3 billion versus Disney’s $150.6 billion as of Monday.

Read more on Variety.

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