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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.

Image source: Getty Images.

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Source Fool.com

Netflix Inc. Stock

€562.20
-3.300%
Heavy losses for Netflix Inc. today as the stock fell by -€19.100 (-3.300%).
Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
As a result the target price of 607 € shows a slightly positive potential of 7.97% compared to the current price of 562.2 € for Netflix Inc..
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