Disney Can't Catch Netflix but Here's How It Can Make Billions in Streaming

By Travis Hoium – Dec 22, 2023 at 7:45AM

NYSE: DIS

Walt Disney

Market Cap

$207B

Today's Change

(-0.04%) -$0.04

Current Price

$112.73

Price as of April 26, 2024, 4:00 p.m. ET

Disney's future is in streaming, but it will be a messy process getting there.

Disney (DIS -0.04%) 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.

Travis Hoium has positions in Walt Disney. The Motley Fool has positions in and recommends Netflix and Walt Disney. The Motley Fool recommends Comcast. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.