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Netflix Just Passed Disney and Became the World’s Biggest Media Stock

“Netflix Inc. soared past Walt Disney Co. in market value, taking the title of most valuable media company from the film, TV and theme-park giant” writes Rob Golum for bloomberg.com. The company introduce a web-based ESPN subscription service and has plans for an additional offering.Netflix’s advance underscores the high value investors place on the fast-growing streaming company, which went public in 2002 and leads the S&P 500 Index this year with a gain of more than 81 percent.
 
Source: bloomberg.com



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