08-08-2019, 22:53
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#5940
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cf.mega poster
Join Date: Mar 2012
Posts: 4,108
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Re: Netflix/Streaming Services
Quote:
Originally Posted by Horizon
Ok. I get it that you think Netflix's future is dire. Somewhere earlier in this thread, that was my opinion too, but their customers and share price kept rising and that changed my opinion. When/if the facts change, so will my opinion. So for now, I disagree with you that their growth forecasts will go unrealised. That has not been the case up to now and I don't think it will be for years to come.
To use Netflix's own quote, "we have to become HBO faster than HBO can become us," and that is exactly what Netflix is doing. Of course Disney (and the others) has an inbuilt advantage. It owns 30-40% of all Hollywood content and why is that? Why did Murdoch sell off to Disney? It was because of Netflix and the fact that they've turned an entire industry upside down.
None of us will know what will happen in the next few years, perhaps Netflix will collapse, perhaps they'll stay king. Perhaps they'll be bought out by someone like Apple, or perhaps they'll be the buyer of someone like Lionsgate, but with a still growing customer base, it will take Disney and others many years to catch them and thus I think predictions of Netflix's demise are premature.
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Very good post..... 
---------- Post added at 22:53 ---------- Previous post was at 22:52 ----------
Quote:
Originally Posted by denphone
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That's exactly what you have been saying about streaming, Den!
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