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Netflix Passes Disney in Stock Market Valuation

2018-05-25 1 Dailymotion

The stock market value of Netflix has eclipsed the Walt Disney Company.<br />The video-streaming service is now valued at $153 billion, making it the most valuable entertainment company according to Wall Street.<br />But their blossoming stock value is also indicative of an emerging trend in entertainment consumption.<br />Viewers are tuning into streaming services, not television channels.<br />And they are preferring a night in, watching movies on demand, instead of heading out for a night at the theater. <br />

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