Netflix set to report Q1 2019 earnings after the bell

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Netflix will report its first quarter 2019 earnings after the bell as more media companies enter the streaming space.

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Disney recently made a splash with the unveiling of its streaming service Disney+, which features its huge library of movies and shows, for $6.99 a month or $69.99 per year, well below Netflix's $13 per month standard plan. Disney said it would pull its movies from Netflix this year. "The idea that consumers will choose Disney+ over Netflix seems unrealistic, unless a given consumer's use case for having Netflix has been limited to watching Disney films," Kraft wrote in a note Tuesday.

 

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Walt Disney puede hacerle pupa a este pequeño....

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