Netflix Worth More Than Disney After Streamer’s Stock Hits All-Time High
variety.com
variety.com
“I’m going to watch Netflix!”
http://www.bbc.com/culture/story/20200415-the-best-tv-series...
As anecdata, after the VPN ban, I am stuck with my local offering and last week I realized I can't watch "Groundhog Day", which exists on Netflix but not for my region... a film from 1993.
Right now, Netflix is a ubiquitously recognized and used service. This is an unusual circumstance.
I think you can absolutely make argument that Netflix is overvalued, but I think it’s certainly not crazy to bet that you make more money off Netflix vs Disney in the short/medium term.
when the price of a share is high vs its earnings, there's actually low chance of making money. Buying it when it's already high actually leads to a loss of money when the earnings expectations don't eventuate. One would need to have purchased NFLX during it's hayday years, when nobody expected it to be as big as it is today, and sell today when it's trading at high P/E ratios, to make a hefty profit.
Disney, on the other hand, is a distressed company. It's price is much lower than the assets it holds, and the operations it normally conducts. This means buying disney right now is taking on a high risk, but this risk comes with rewards, when disney resumes its business (in a year or so i presume).
So if you're a risk taker, disney is a better buy than NFLX, and i would dare say, you'd earn much more with DIS than NFLX will ever return to you.
This is like those poker players complaining their elaborate strategy didn't work because the opponent was too stupid.
One of the largest private land owners in Florida. Also land in Europe, Japan, California?
Intellectual property and brand value? Marvel. Merchandising rights for toys. Broadway shows.
Before Disney+, there was Disney channel
Disney is a juggernaut