Disney Can't Catch Netflix but Here's How It Can Make Billions in Streaming
Disney (NYSE: DIS) made a big pivot to streaming in 2023 and Bob Iger hopes to make the business both a growth segment and a profitable contributor. The recent acquisition of Hulu and price increases tell part of the story of how the company sees the streaming future.
In this video, Travis Hoium lays out Disney's strategy and why 2024 will be a big year for the stock.
*Stock prices used were end-of-day prices of Dec. 15, 2023. The video was published on Dec. 17, 2023.
Source Fool.com