As Disney jumps into the streaming game. Subscriber growth is impressive with 10M+ people signing up in a day or two. Its great to see successful launches.
When looking at the revenue generated by these companies, Disney is outpacing Netflix by 3.5x what Netflix earns.
What is strange is Netflix trades at 93x its earnings vs Disney's more reasonable 16x earning. If Disney is just moderately inflated, though making 3.5x the revenue, Netflix PE ration of 93 is nuts.
