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To: IamConservative

I was talking to a friend in the industry recently. He says that Netflix has two problems. One is that the studios that once licensed their content to them (and Amazon) are taking it away, with plans to start their own streaming services (Disney and Warner Bros. are the two main ones). That leaves Netflix trying to make up the difference by creating their own content, or buying content from overseas. That’s raising their costs, while they’re finding resistance to raising their prices. So they’re piling on debt, which is the second problem. They currently owe something like $20 billion. The way out of this trap is to sell out/merge with someone else who wants an off-the-shelf streaming service. What my friend was saying was that the most likely partner for Netflix, the big company that wants to get into the video streaming business to compete with Amazon and Google (who are creating a YouTube subscription service), is Apple.


36 posted on 12/17/2018 9:57:10 AM PST by Bubba Ho-Tep ("The rat always knows when he's in with weasels."--Tom Waits)
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To: Bubba Ho-Tep
"One is that the studios that once licensed their content to them (and Amazon) are taking it away, with plans to start their own streaming services"

I think that's why Netflix has been cancelling all the Marvel series they produced. My son said Disney bought Marvel, and the only way you'll be able to see any Marvel movies in the future, besides at the theater, will be on Disney's pay channel.

41 posted on 12/17/2018 10:11:36 AM PST by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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