The Streaming Market Is Finally Jelling. These 3 Companies Are On Top.
The streaming business thus far has performed like the typical new growth industry, luring lots of contenders to the table since (NASDAQ: NFLX) got the ball rolling back in 2007. This year marks a major pivot point for the business, though.
The early growth phase is over. The bulk of the low-hanging fruit has been picked. From here, it will be much tougher to drive subscriber growth. Some services won't survive -- at least not as we know them. Indeed, it's increasingly looking like the market's current leaders are best positioned to remain its leaders, leaving all the others fighting -- unprofitably -- for scraps.
Investors can't afford to ignore this paradigm shift.
Source Fool.com
Netflix Inc. Stock
€628.40
0.460%
Currently there is a rather positive sentiment for Netflix Inc. with 80 Buy predictions and 7 Sell predictions.
As a result the target price of 649 € shows a slightly positive potential of 3.28% compared to the current price of 628.4 € for Netflix Inc..
