Netflix: ‘The New Content King’ Is Seemingly Unstoppable
https://seekingalpha.com/article/4154445-netflix-the-new-content-king-seemingly-unstoppable
- Netflix is seemingly unstoppable; in addition to being the best performing stock of the last decade, Netflix has already gained 65% in 2018 alone.
- With around 120 million subscribers and nearly 50% of total streaming time in the U.S., it’s difficult to debate Netflix’s status as the king of streaming.
- But with an $8 billion content budget this year Netflix threatens to become “the new content king” as well.
- The Disney “threat” appears to be significantly overrated.
- What to expect from the new content king going forward.
Recent Comments