How Streaming Services Netflix, Disney And Spotify Stack Up

In this article I use AAII’s A+ Investor Stock Grades to provide insight into three streaming service stocks. With consumers ditching television providers and the radio at record numbers, should you consider streaming service stocks such as Walt Disney
DIS
, Netflix
NFLX
and Spotify Technology SA (SPOT)?

Streaming Service Stocks Recent News

Video streaming services allow users to watch movies and TV whenever and wherever they desire. Americans are dropping traditional cable and satellite TV services faster than ever in favor of digital streaming services. The global video streaming market was valued at $455.45 billion in 2022 and is projected to grow to $1,902.68 billion by 2030. The increased use of social media platforms and wider access to the internet have been primary drivers of the growth of the global video streaming market. In addition, the coronavirus pandemic significantly accelerated the adoption of online live-streaming services, greatly increasing the size of the market. Streaming accounts for 38% of all TV usage, with approximately 1.8 billion current subscriptions to video streaming services.