Home > Latest News > Netflix Stream Past Disney In Market Value

Netflix Stream Past Disney In Market Value

Netflix has overtaken Disney in market value, after a horror two-year run saw Disney’s theme park branch and cinematic releases impacted by the pandemic.

Netflix, on the other hand, has Squid Game.

A 27 per cent leap in value since the end of July, has seen Netflix valued at A$399 million, while Disney’s market value diminished by 9 per cent yesterday, to sit at A$394.8 million.

Morgan Stanley analyst Benjamin Swinburne told Bloomberg that streaming is key to Disney’s future potential, “ based on the view that Disney is one of a shortlist of global streaming platforms that can achieve significant scale and profitability.”

However, share prices haven’t yet responded to this promise.



You may also like
Netflix Looks To Asia To Rebuild Subscriber Base
Live Jazz Streaming Platform Launched IN OZ
Netflix Officially Confirms Ads
Netlfix Fires Hundreds In Latest Round Of Cuts
Netflix’s Gaming Play A Huge Success