Shockingly Bad Unemployment News Is Great News for Disney+ and Netflix
As more people huddle at home due to coronavirus, Netflix and Disney+ are in a strong position to reap the rewards.
Mark Emem May 7, 2020
As more people huddle at home due to coronavirus, Netflix and Disney+ are in a strong position to reap the rewards.
Walt Disney is putting the interest of shareholders ahead of its staff. As hundreds of thousands are furloughed, shareholders are still going to receive their scheduled dividend payments.
Despite Walt Disney emerging as a threat in online video streaming, the market cap of Netflix has surpassed that of the House of Mouse.