I wrote these comments in reference to competition recently between Tesla and Ford in which it was mentioned that Netflix as a streaming service as well as a stock was vulnerable in competition with Disney.
Unlikely.
In fact, Netflix, out of the gate, is so far leading this race against not only Disney but also Amazon’s prime and HBO Max and Apple+ and all the rest it is like watching a horse race in which the winning horse is crossing the finish line will the rest of the scattered pack is barely entering the near turn.
The competition, between Netflix and Disney in particular, is paltry.
Netflix is a behemoth that has run hard and run fast all over the world. The company’s founder and CEO years ago was quoted as saying “We’re desperately trying to become HBO before HBO can become us.” Netflix succeeded in that race partly due to HBO having…