• Disney's 3-part streaming offering will be a strong bet for investors who want the best contender to Netflix, analyst says

    3 monthes ago - By Business Insider

    Disney is expected to launch its Netflix contender - Disney Plus - in the fall, and with it the media conglomerate could be poised to "win the OTT contest," according to Laura Martin, an analyst at Needham & Company.
    After the launch of Disney Plus, the company will have three distinct streaming offerings including Hulu and Espn Plus, which it could then use for cross promotion and re-bundling, Martin said in a note to clients on Tuesday.
    Needham raised its 2019 revenue estimate for Disney by 6% to $71.67 billion, which would be a 21% year-over-year increase for the company.
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