Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 1,089

-1.0%

Oct 30 3:59 PM EDT

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To: Glenn Petersen who wrote (2163)	10/6/2022 8:25:12 PM
From: Zen Dollar Round	Read Replies (1) of 2280

These kinds of deals have to happen, there are too many streaming services out there and they cost too much in aggregate to get all the content people want, especially if they subscribe to several. The revenues of the smaller or less popular services aren't good deals much of the time given the amount of content they provide, so they get bought out or have to merge. Happens in every new industry as it matures, we just have to roll with the punches. The good part of it is there will still be 3-4 really big ones in a few years and they'll have even more content available, but they'll have to compete for our dollars and keep prices down if they want us to subscribe. Consumers will benefit from it overall.

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