These are challenging times for big media stocks. Disney (NYSE: DIS) and Comcast (NASDAQ: CMCSA) are doing just fine with their stay-at-home businesses. Disney+ has been a hit since its November debut, and its cash-cow media networks segment is holding up fine in terms of viewership with ABC, ESPN, and other cable properties.
Comcast has even more in play with homebound consumers. Its Comcast Xfinity segment -- the country's leading provider of cable television and broadband connectivity -- accounted for 56% of the revenue and 75% of the adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in its latest quarter. No one is giving up their internet access these days, and even the cord-cutting revolution is hitting the pause button as folks cling to their cable television subscriptions with so much time to consume entertainment at home.
Things get hairier for both companies when we head out of the home, but that's what makes a battle against two media moguls with somewhat similar empires as entertaining as the content they provide. Is Disney or Comcast the better buy? Let's go channel surfing to find out.
Source Fool.com