Earnings Watch: Netflix is already over Apple and Disney as it prepares to launch this quarter’s earnings

Netflix Inc. is being targeted by two deep-pocketed new rivals, but it prepared for questions about how that could affect its business by changing its definition of “competition” in advance.

Since Netflix NFLX, -0.65% showed off a total of 139 million paying subscribers as of the end of 2018, Apple Inc. AAPL, +0.18% and Walt Disney Co. DIS, +1.52% have officially debuted their visions of streaming television services. Now, Netflix must prove that it can continue to grow its subscriber base, as its customers are wooed by two giant companies that know how to woo consumers.

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