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At $160 billion, Netflix surpasses Disney in worth

At $160 billion, Netflix surpasses Disney in worth

At $160 billion, Netflix surpasses Disney in worth

new-turkish-law-allows-government-control-of-media-outlets-and-internet-content
ISTANBUL, TURKEY - MARCH 23: The Netflix App logo is seen on a television screen on March 23, 2018 in Istanbul, Turkey. The Government of Turkish President Recep Tayyip Erdogan passed a new law on March 22 extending the reach of the country's radio and TV censor to the internet. The new law will allow RTUK, the states media watchdog, to monitor online broadcasts and block content of social media sites and streaming services including Netflix and YouTube. Turkey already bans many websites including Wikipedia, which has been blocked for more than a year. The move came a day after private media company Dogan Media Company announced it would sell to pro-government conglomerate Demiroren Holding AS. The Dogan news group was the only remaining news outlet not to be under government control, the sale, which includes assets in CNN Turk and Hurriyet Newspaper completes the governments control of the Turkish media. (Photo by Chris McGrath/Getty Images)

Streaming service Netflix is on top of the media world as it has now added Disney to its list of companies it has passed in worth.

It is valued at $160 billion and surpassed Comcast a few days before overtaking Disney, but remains behind AT&T and Verizon, which are valued at $200 billion.

If AT&T successfully acquires Time Warner (parent of CNN, HBO and more) and creates content, its stock will likely rise.

Watch the video for more information about Netflix’s worth.

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