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As of today, Netflix now has a higher market cap that Disney.
Posted on 7/1/20 at 9:14 pm
Posted on 7/1/20 at 9:14 pm
Funny people on this board convinced me Netflix was done after the Obama deal.
quote:
Valuations today: Netflix: $211 billion Disney: $205 billion Valuations at start of year: Disney: $260 billion Netflix: $140 billion
Posted on 7/1/20 at 9:18 pm to agregime1
The Disney valuation really makes little sense comparatively considering their content library. The parks will come back eventually. Their cable arm will be fine, and they own Hulu too.
Posted on 7/1/20 at 9:22 pm to agregime1
Netflix's value as a stock comes from it being the biggest and really first streaming service. Disney, HBO, Amazon, and many others now have streaming services. Let's see how long they remain at the top, before getting cocky. Covid had a lot to do with all the increase in value for Netflix, that won't last and neither will Netflix being more valuable than Disney. For the last 3 years Netflix has had negative cash flow.
This post was edited on 7/2/20 at 7:22 am
Posted on 7/1/20 at 9:28 pm to slackster
I’m not sure the parks will be as successful as they used to be. Disney became unique for its Magical theme. An aura of childhood wonder.
When you sell out to the boardroom and start pandering to the latest social cause, that starts to fade and before long it’s just an expensive arse six flags.
When you sell out to the boardroom and start pandering to the latest social cause, that starts to fade and before long it’s just an expensive arse six flags.
Posted on 7/1/20 at 9:35 pm to agregime1
Everybody's watching Netflix now because theaters are closed. Wait until theaters and Disney theme parks open again and they start rolling out Marvel movies and Disney will be back on top.
Posted on 7/1/20 at 10:14 pm to agregime1
Couple very quick googles tell me there are 70 million Netflix subscribers in US and 128 million households. Impressive.
This post was edited on 7/1/20 at 10:15 pm
Posted on 7/1/20 at 10:26 pm to agregime1
Hard to believe netflix is worth more than Disney, which owns a shitton of networks including espn and has theme parks and all that.
Posted on 7/1/20 at 10:28 pm to sgallo3
quote:
Hard to believe netflix is worth more than Disney, which owns a shitton of networks including espn and has theme parks and all that.
Disney loses money on a bunch of shite they own. Netflix has a huge US subscriber base and holds international rights to a ton of stuff, like the last dance. That aired on Netflix outside the US
Posted on 7/1/20 at 10:34 pm to agregime1
Netflix has more Woke Capital. Disney will be forced to walk into the razor for that racist Savages song in Pocahontas.
This post was edited on 7/1/20 at 10:35 pm
Posted on 7/1/20 at 10:36 pm to agregime1
Another crazy one:
Tesla is now worth Boeing x 2.
Tesla is now worth Boeing x 2.
Posted on 7/1/20 at 11:08 pm to agregime1
As of today, Tesla’s market cap surpassed Toyota. Last I looked this evng my shares were approx $1140. My July 10 calls will be beautiful.
This post was edited on 7/1/20 at 11:11 pm
Posted on 7/1/20 at 11:10 pm to agregime1
Where are they getting all this money from? Most people with Netflix are piggybacking off of someone else’s account
Posted on 7/1/20 at 11:15 pm to LSUAngelHere1
quote:
As of today, Tesla’s market cap surpassed Toyota. Last I looked this evng my shares were were approx $1140/ea
Yolo
Posted on 7/1/20 at 11:16 pm to agregime1
Disney getting killed on all fronts of their business
Parks mostly closed
ESPN getting killed, have been down for years due to less people subscribing to cable.
Theaters closed
Disney+ was just rolling out and was losing money.
Parks mostly closed
ESPN getting killed, have been down for years due to less people subscribing to cable.
Theaters closed
Disney+ was just rolling out and was losing money.
Posted on 7/2/20 at 12:05 am to danilo
There 328 million people in the U.S, they don't have a large a percentage as that stat shows.
Posted on 7/2/20 at 6:20 am to UltimaParadox
quote:
Disney+ was just rolling out and was losing money.
I watched everything I wanted to watch on there in a month and unsubscribed. I’ll probably pay for another month when the second season of mandalorian comes out.
Posted on 7/2/20 at 6:24 am to agregime1
I actually sold NFLX this week and added to my DIS position
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