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Netflix pioneered the streaming industry, and now the legacy studios are all copying its strategy.
Fool.com contributor Parkev Tatevosian highlights an interesting comment Disney's (DIS 2.11%) CEO, Bob Iger, made about Netflix's (NFLX 2.15%) profit margin.
*Stock prices used were the afternoon prices of Sept. 8, 2023. The video was published on Sept. 10, 2023.
Parkev Tatevosian, CFA has positions in Walt Disney and has the following options: long January 2024 $105 calls on Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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