Billionaire Barry Diller Tells Kara Swisher that Netflix Is an "Evil Genius" and Offers an Argument for Why You Should Invest in the Streaming Leader
Since the dawn of streaming video roughly 15 years ago, the media landscape has undergone a paradigm shift. Viewers are no longer saddled with "appointment" television and movies, having embraced online content delivery. (NASDAQ: NFLX) is the principal architect of that evolution, popularizing streaming video and forever changing the trajectory of the media business.
In fact, billionaire Barry Diller goes so far as to call Netflix an "evil genius," suggesting the company changed the rules and is best positioned to survive the current Hollywood strikes and thrive for years to come.
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Source Fool.com