Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 1,103

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Nov 7 9:30 AM EST

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From: FJB	8/10/2019 10:38:06 AM
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Opinion \| How Bad Will It Get for Netflix? Holman W. Jenkins, Jr. wsj.com Netflix got there fustest with the mostest, in the apocryphal words of a Civil War general. Its dominance of the streaming entertainment business is reflected in its market cap, which rose 15-fold, to more than $150 billion, in eight years. But a line in its latest earning report was a stunner: Its U.S. subscribers actually dropped in the second quarter. More Americans left the service than signed up. Wow. Netflix blamed a weak lineup of new shows. It said growth would soon return. And maybe it will, but the episode reminds us of one way streaming is different from cable TV: the ease of quitting. And with the arrival now of determined competitors, Netflix’s next decade is likely to be very different from its last.

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