Q2 2022 earnings beat on revenue, EPS and streaming subscriber growth.
YF: do you also own $NFLX? How do you see their business going forward, relative to $DIS?
NFLX is only streaming and they have to spend a lot of $$$ to develop their content to catch up. It's also hard for them to cross over to theme parks and merchandising and they have a cashflow problem.
https://depression2022.substack.com/p/7202022-netflixs-q2-earnings-is-better
YF: do you also own $NFLX? How do you see their business going forward, relative to $DIS?
NFLX is only streaming and they have to spend a lot of $$$ to develop their content to catch up. It's also hard for them to cross over to theme parks and merchandising and they have a cashflow problem.
https://depression2022.substack.com/p/7202022-netflixs-q2-earnings-is-better