Jim Cramer weighs in on whether or not investors should sell stock after a company announces weak guidance.
Netflix said in its first-quarter shareholder letter that it's 'excited to compete,' comparing the new competition to the rise of cable networks in the 1980s and 1990s.
NFLX reports earnings after the close on Tuesday.
When Netflix reports earnings tonight, what will likely matter above all else for now will be subscriber growth.
Until there is clarity over the future of the two companies it seems unlikely that a permanent replacement for ousted CBS CEO Les Moonves will get named.
Disney has a ways to go in catching up with Netflix in subscriber count. But its global appeal could still give Disney+ a big head start.
Shares of Netflix slide amid investors' concerns over heightened competition for subscribers from Disney+.
Disney unveiled Disney+, its family-friendly direct-to-consumer service, which will launch in Nov. 2019 at $6.99 per month. At launch, it will include 9 originals and a sizable library of shows and movies from Pixar, Marvel, National Geographic and more.
What's the key differentiating factor from Netflix?
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