Netflix’s glory days are over. And what’s coming next won’t be pleasant if you own Netflix stock.
off Netflix for good by the end of next year.is owned by WarnerMedia, which, as I mentioned, is now owned by AT&T.is bad, but it’s just scratching the surface. According to analytics firm Jumpshot, more than half of Netflix’s 50 most popular shows are owned by companies planning to launch their own streaming services.How could thisNetflix sees the writing on the wall, and is spending gobs of money to reinforce its own content library.
Unfortunately, no matter how much it spends, it can’t hope to compete with Disney or AT&T. Netflix is in an impossibly tough spot.-biggest publicly traded US company.Going forward it will succeed or fail on the popularity of the TV shows and movies it produces. Even wildly successful film studios are worth tens of billions, max. In 2018 Walt Disney studios—which includes iconic brands like Marvel, Star Wars, and Pixar—generated $10 billion in revenue, and $2.98 billion in profit.
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