Quote:
Originally Posted by denphone
l predicted that there would be a reckoning for Netflix due to increasing competition from some very powerful new players who will have lots of high quality newer content and a vast older catalogue of high quality content at its disposal which is something Netflix certainly does not have.
|
Plus $30bn of debt and little by way of assets.
If this was a cable operator everyone would be predicting the end in terms of when not if. However companies in the “.com” bubble seem to get a pass.