Imagine a racetrack with 10 horses. The first two horses (NFLX and DIS) are peeling away from everyone else; with NFLX still having a sizeable lead over DIS.
But the stage is set for DIS to start accelerating faster than NFLX.
This is how I would describe the US Media sector today, and Disney’s Q1 results released yesterday only serves to bolster that narrative.
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