Laura Martin, Needham & Co. Senior Media and Internet Analyst, outlines how Big Tech investments in sports streaming and digital advertising could offset competition between streaming platforms.
Recently, Zacks.com users have been paying close attention to Netflix (NFLX). This makes it worthwhile to examine what the stock has in store.
Ever since Walt Disney (NYSE: DIS) launched Disney+ in late 2019, there's been lots of speculation about if and when it will overtake Netflix (NASDAQ: NFLX) as the world's most popular streamer. At the time of this writing, Netflix has approximately 220 million customers, while Disney+ has north of 137 million.