1. Disney’s Netflix Battle Has Investors Bracing for Profit Squeeze

    Disney’s Netflix Battle Has Investors Bracing for Profit Squeeze

    (Bloomberg) -- Among traditional media companies, no one is making a bigger bet on streaming than Walt Disney Co. Later this year, the entertainment giant will launch Disney+ -- a third online video service alongside ESPN+ and Hulu -- loaded with movies and TV shows from Marvel, Pixar and “Star Wars.” The Fox film studio and the FX and National Geographic networks also will play key roles as Disney wraps up the $71 billion takeover of 21st Century Fox Inc.’s entertainment portfolio...

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    1. Disney is one of the long-term winners in media.
    2. It's going to a bigger drag on their profit.
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