Netflix is far and away the dominant player among streaming platforms. As rivals including Walt Disney and Apple have amped up investments and unveiled their own streaming plans, Netflix investors have appeared mostly unfazed—though they did falter a little when Disney announced its streaming plans last week, sending Netflix shares down 5%. On Tuesday, some of those anxieties resurfaced. The company posted first-quarter earnings of 76 cents a share, soundly beating estimates of 57 cents a share, and revenue of $4.52 billion—a...

Source: Wall Street Journal April 17, 2019 09:56 UTC