Is the “disrupter” now going to get disrupted?
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Interesting opinion piece by investor Stephen McBride in Forbes and channeled through the Daily Wire …
With 150 million subscribers, Netflix is the undisputed king of streaming … at least for now.
Netflix understands that content is the name of the game … and has invested more than $12 billion in orignal content … and gets high marks from viewers for having the best original content.
But Netflix has largely financed the new content development with debt … now owing creditors more than $10 billion … and faces a formidable threat from cash-rich Amazon and recently announced streaming services from Disney…
