Quote:
Originally Posted by jfman
“Most people” in a cost of living crisis will find non-essential general entertainment largely interchangeable and cancel the dross.
As interest rates rise and creditors get nervous it’ll be popcorn time for the observers of fledgeling streamers. Losing week on week, month on month customers will shatter share prices too.
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Interestingly, Netflix's share price has fallen substantially in the last 12 months. It's currently $218.13, 12 months ago it was 260% higher at $577.76. (By comparison, Comcast today is $33.46, a year ago it was $35.06)