Decoder with Nilay Patel
Disney Is a Tech Company?
Richard Plepler
Wall Street valued Netflix as a tech company and had its blessing to spend, spend, spend because all it cared about was the company's stratospheric growth in subscribers. Netflix could worry about turning a real profit later. Disney was a media company, an old one, a company that had been making profits for decades, paying regular dividends to its shareholders.
0
💬
0
Comments
Log in to comment.
There are no comments yet.