streaming war intensified in the latter half of 2019, with the launch of Apple TV+ and Disney+. At the time, it was not entirely clear how Netflix (NFLX) would be impacted by the increasing competition in the global over-the-top content streaming industry. Disney+, however, was expected to gain traction sooner than some of its peers because of The Walt Disney Company's (DIS) deep content library and its reputation as a world-class entertainer. On April 8, Disney+ achieved an important milestone by surpassing 50 million global subscribers. Investors have taken this news in stride and shares were up 7% in post-market trading on April 8. As much as I believe this is great news, I still remain cautious about investing in Disney at this time. A deep-dive into numbers reveals that Disney+ will do little to offset the expected loss in revenue from other business segments. Considering the dividend yield is just 1.7%, remaining on the sidelines seems to be the right choice for me.

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