A deal would put an end to some of the uncertainty media stocks have been facing amid Hollywood's double strike.
It's good that Disney recognizes the cable business as we know it is dying. It's just not clear it has a plan to address it.
Investors can relax, though, because they don't necessarily have to pick a single winner in streaming services. When thinking about streaming stocks, Netflix (NASDAQ: NFLX) is probably the first one that comes to mind. Netflix currently has 238 million subscribers in more than 190 different countries.