When it comes to streaming companies, there are perhaps no bigger giants than Walt Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX). Each counts subscriber numbers north of 200 million, and both offer plans designed to appeal to premium and cost-sensitive consumers.

But for investors, which stock holds the most long-term promise? Let's break it down.

Walt Disney has had some bumpy few weeks. The company recently reported fourth-quarter 2022 results that saw it miss analyst expectations, and its streaming operation -- which includes Disney+, Hulu, and ESPN+ -- recorded losses of $1.5 billion, more than twice as much for the same period in 2021.

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Source Fool.com