In the fast-paced realm of digital entertainment, the battle for supremacy between streaming giants Netflix Inc (NASDAQ:NFLX) and Walt Disney Co (NYSE:DIS) has captured the attention of investors and industry observers alike. As the media and entertainment market surges towards a projected value of $40.36 billion by 2029 (per Mordor Intelligence data), the competition intensifies, fueled by evolving consumer preferences and technological advancements. Streaming platforms such as Netflix and Disn
Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.