Disney's Q3 Results Highlight Advantage Against Netflix
Walt Disney (NYSE: DIS) reported its fiscal third-quarter results on Aug. 12, highlighting a unique advantage against Netflix (NASDAQ: NFLX). While each has produced its fair share of hits in recent years, Disney captures more value from its streaming assets.
More specifically, Disney is more successful at turning hit characters from a movie or TV show into sought-after products and merchandise.
Disney reported an operating income of $564 million in its consumer products division. Image source: Getty Images.
Source Fool.com
