Netflix, Disney among ‘ultimate winners’ of streaming war, analyst says

CFRA Research media and entertainment analyst Tuna Amobi called the streaming wars a "marathon" and said Disney+ is ahead of its long-term growth goals on FOX Business’ "Mornings with Maria."

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TUNA AMOBI: Disney+ is still well ahead of the long-term target subscriber growth that they've put out there -- 230 to 260 million by fiscal 2024. Remember, they started off really strong, getting to 100 million [subscribers] years faster than Netflix did -- basically in 18 months. 

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Now fast forward -- I think the next 100 million [needed] to get to that target is going to come a lot faster and especially from international markets. They're just only in 60 countries now, and we expect that number to double pretty soon. 

Ticker	Security	Last	Change	Change %
DIS	THE WALT DISNEY CO.	115.07	+5.94	+5.44%
NFLX	NETFLIX INC.	823.96	-13.30	-1.59%

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Both [Disney and Netflix], we think, are going to be among the ultimate winners of this war. They've positioned themselves really, really well. Disney with the Fox acquisition and three-pronged strategy in Hulu and ESPN Plus with live programming in sports -- and Netflix, not only entertainment. So I think it is a marathon, right? We expect these two to be among the ones that will shake out this space ultimately. 

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