Even This Cable Legend Thinks Netflix Has Already Won the Streaming Race
![Even This Cable Legend Thinks Netflix Has Already Won the Streaming Race Even This Cable Legend Thinks Netflix Has Already Won the Streaming Race](https://g.foolcdn.com/editorial/images/464534/n-icon.png)
With all the talk of media mergers these days, there's been an ongoing debate as to whether other content producers could potentially catch up to Netflix (NASDAQ: NFLX) in the streaming races. Well, one of the founders of modern cable, John Malone of Liberty Global (NASDAQ: LBTYA), has weighed in. And his answer: Nope.
Recently, John Malone sat down with CNBC's David Faber for a 45-minute interview. While the interview was a wide-ranging look at the modern media business, there was a lot of airtime given to Netflix. Malone believes one can't help but, "take your hat off and envy what [Reed Hastings] has built." Malone once advocated that cable companies should band together for their own Netflix-like service, but now even he admits it's, "way too late." Here are the reasons why.
Image source: Netflix.
Source: Fool.com
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