UBS: Disney has one big advantage that'll make its streaming movie service succeed (DIS)

In its second-quarter earnings report, Disney announced it would be spending "significantly" to start its own ESPN and movie streaming services. Disney shares fell after the news, in part because investors wereconcerned about startup costs, but Doug Mitchelson, an analyst at UBS, has a different view. "We believe investors are likely underestimating the opportunity for the DisneyPixar over the top service based on our review of the quantity of high quality content that will be available on the s...