In a rather amazing turn of events, Netflix is now worth more than Disney, at least for the time being.
That scenario has seriously benefited streaming services like Netflix, while Disney’s business has been hit in brutal fashion.
On the flipside, Netflix is purely a streaming service with a massive library of content that doesn’t rely on theatrical releases to generate revenue.
Disneyland and Disney World are both closed right now and they won’t be opening their doors again anytime soon.
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