It’s mainly a lot of transitory horseshit spouted out by this headline savoring analyst. Nonetheless, she makes valid points regarding some charges the company will need to take, following the horrendous slide in the pound. Netflix has upwards of 5 mill subs in the UK.
Obviously, no one gives a shit what Laura Martin has to say, as Netflix steamrolls higher by 1.5% in an otherwise dreadful day for stocks.
If you enjoy the content at iBankCoin, please follow us on Twitter
NFLX and AMZN video are here to stay. Nobody is rushing back to Comsuck or whatever for 1000’s of worthless channels. Maybe they’ll charge a bit more to offset the currency? Who knows. Nobody is watching less TV or movies that’s for darn sure.
Will netflix and amazon merge in future?
Netflamazon? Amaflix?
NFLX should be in the Consumer Staple category.
+1 to the Consumer Staple category