Netflix valuation overtakes Disney

Netflix shares rose to record highs today amid surging demand during the coronavirus lockdown, pushing its market capitalisation past fierce rival Disney. While Netflix does not reveal details about its viewing figures, the streaming firm has garnered praise for its wildly popular documentary series Tiger King. Related: From coronavirus to cars: when companies gave their secrets away (Lovemoney)  It also offers reruns of classic shows such as Friends and The Office, which are reportedly among the platform’s most-viewed content.

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